>> if ... the US Dollar [is] removed as the world’s reserve currency, we are ALL going down - and fast.
If the “fiscal cliff” isn’t the straw that breaks the camel’s back, it’ll be something else. And soon.
We’re beyond broke. Our spending is on a trajectory that ensures we’ll NEVER be out of debt. We have trillions in unfunded liabilities, adding more each year, with no plan to fix the problem, and no national willpower to execute a plan if we HAD one.
We’re addicted to debt and we can’t break the addiction. It will be broken for us, because it’s not sustainable. In the absence of a voluntary return to genuine fiscal sanity, in my humble opinion, the SOONER the economy completely breaks, the faster it can heal.
There will be much pain when the economy breaks down. But there will be even MORE pain if we limp along with the status quo and it breaks LATER. As it must.
I agree with the first part of your statement, but not the second.
I used to think our economy could collapse, and then "heal" or re-set somehow. However, after studying the problem, I foresee no scenario where a full fiscal collapse gives the United States a fresh, clean, new sheet of paper. On the contrary - there will be a severe PRICE the world will demand of America. It will be economic slavery, loss of sovereignty, and loss of property rights.
America will be brought to her knees. We are hardly mentioned (if at all) in Bible prophecy. Our nation will cease to be as it is now.