Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Tolerance Sucks Rocks
We are sooooo screwed.

One of two things will happen. Either it will all come crashing down and we will collapse as these projections seem to indicate,

or...

It won't.

I'm betting on the latter because we've literally become Too Big to Fail at this point. The rest of the world cannot survive our collapse, so they have no alternative than to let us go on printing money and pretend that it has value.

The situation has achieved a perverse type of stasis.


9 posted on 06/26/2019 12:07:10 PM PDT by Buckeye McFrog (Patrick Henry would have been an anti-vaxxer.)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Buckeye McFrog

If we just continue to print money, put more money in circulation, eventually we will have tremendous inflation.

I expect that to happen at some point. All promised Social Security benefits will be paid. But someone’s $2,000 per month Social Security payment may only buy a loaf of bread at that point, depending how bad the inflation is.

There is no political will to ever really deal with the national debt.


15 posted on 06/26/2019 12:23:37 PM PDT by Dilbert San Diego
[ Post Reply | Private Reply | To 9 | View Replies ]

To: Buckeye McFrog

“I’m betting on the latter because we’ve literally become Too Big to Fail at this point. The rest of the world cannot survive our collapse, so they have no alternative than to let us go on printing money and pretend that it has value.”

The rest of the world will get along without us.

A few tourists might show up and our kids will do the Third World begging routine. They won’t miss any school, the schools will simply be housing for unpaid government workers.


16 posted on 06/26/2019 12:30:16 PM PDT by Brian Griffin
[ Post Reply | Private Reply | To 9 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson