[cryptical]

I've been reading the Surviving in Argentina blog for a while now. I'm of the opinion that the decline will be more like Argentina's, with dollar devaluation followed by a long stretch of hard times/resource scarcity.

[riri]

Agreed. I read it too. Plus we have a sizable Mad Maxx population that will make things harder.

[RFEngineer]

“I’m of the opinion that the decline will be more like Argentina’s, with dollar devaluation followed by a long stretch of hard times/resource scarcity.”

You could be right. However, I have a feeling that as bad as it will get in this country under such a scenario, it will be amplified elsewhere.

Also, in Argentina in 2001, they had a widely available fungible instrument that could be used as a store of value in the US Dollar, or the Euro that could be easily converted to local currency as needed. We may not be so lucky here if things get bad.