I thought Argentina’s economy has been doing pretty good since 2002. No?
That article is a rude awakening. I hope that we are not headed there, but I see a collapse as the logical consequence of rat control and unconstrained growth of government. On the other hand, maybe we are headed for a Soviet style economy with a lack of basic goods and services but a jack booted government that keeps the population in line. Another possibility is European malaise with the masses content for 12% unemployment, government handouts, and frequent strikes. We will see the form of our economic decline when the rats no longer are concerned about re-election.
Wow. That was a great a read, and a great thought of what a depression might look like in the United States. I feel so sorry for this guy, but I didn’t think that any of the stuff he might say would be applicable (college student, no space to store stuff, can’t own a gun for another 10 months)but the part where he told about working out... That struck home. I really do need to start doing that.
Wow. Just... wow.
Although — to be depressing — if it comes to the US, I think we won’t make it like Argentina has. All over the article, you can see that the “goods” leak down to Argentina by means of production from the rest of the world. Argentina can collapse, but if the US goes, the world and all its production will go as well with the possible exception of Asia.