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To: amorphous
I wish there would be a better description of what this catastrophe will look like. I understand that borrowing money will cost higher and higher rates, so that the share of the federal budget that allows it to function becomes less and less. But what will that look like? No more federal welfare programs? Reduced Social Security payments? Aircraft carriers docked for years? And what will be the response to this contraction?
2 posted on 07/27/2019 11:33:12 AM PDT by GOP_Party_Animal
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To: GOP_Party_Animal

Anything imported will be terribly expensive.

Trips overseas will be too expensive for most Americans.

Many Mexicans will say adios, cerdos.

Social Security payments will decline about 20% in real value on domestic items.

Federal taxes will go up by about 2/5ths.


8 posted on 07/27/2019 11:40:42 AM PDT by Brian Griffin
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To: GOP_Party_Animal
I wish there would be a better description of what this catastrophe will look like.

The nearest comparison is probably Venezuela, unless our enemies take advantage of our future weaken state, we being the most powerful nation, and as usually happens in such circumstances - using history as our guide.

Technology and those best able to take advantage of it will be a critical factor. All in all, the entire globe will feel the effects of a declining economy in the US of A, IMO.

14 posted on 07/27/2019 11:58:31 AM PDT by amorphous
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To: GOP_Party_Animal

To me more trying to talk things down by predicting something they intend to make money on

Sounds like Democrats wrote this


17 posted on 07/27/2019 12:42:35 PM PDT by 100American (Knowledge is knowing how, Wisdom is knowing when)
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To: GOP_Party_Animal

Since no empowered group will even do the audit, there are no ‘things’ that can be identified as solutions. One thing is certain, politicians cannot and will not try to stop the hellward rush.


36 posted on 07/28/2019 3:04:50 PM PDT by MHGinTN (A dispensation perspective is a powerful tool for discernment)
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