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To: InvisibleChurch; All
there’s no given that the nation is going to fall into anarchy

Prior to WWII every single nation back to the Roman empire has seen it's decline begin when it has disconnected its system of money from a monetary metal backed system. Typically that decline has taken approximately a generation to unfold.

The European nations managed to eke out a longer period due to having the load taken off their financial systems by the US carrying the majority of their defense burden during the cold war and the world structuring finance around the US dollar.

The US fully disconnected from a gold standard in 1974. IMO, the only reason we've managed to wobble along as long as we have is wholly due to the information age nature of commerce facilitating masking the rot in the system.

To bet that the US will be able to keep this charade up for even a few more years is to make a bet with a huge downside risk and nearly no upside.

73 posted on 02/05/2014 7:51:43 AM PST by Axenolith (Government blows, and that which governs least, blows least...)
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To: Axenolith

bkmk


74 posted on 02/05/2014 9:54:25 AM PST by AllAmericanGirl44
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