[LeGrande]

If a crisis hits, do you think any of that debt will be enforced? I don’t. I do think protection today and every day, not to mention during a crisis, is not “stupid”. During a crisis do you think you’ll be seeing any dividends from a foreign entity? I mean, they can keep your dough, not pay dividends, or the feds can simply take it from you.

Obviously if our government fails tomorrow and our currency becomes worthless it would be better to have a huge debt and a huge stockpile of guns and of whatever you may need for the next twenty years : )

It isn't going to happen that way though. We are probably going to go through a period of deflation first, before the hyperinflation and collapse kick in. This is going to be a long, agonizingly slow process. We have plenty of time to prepare, the key is to plan and prepare, to actually do it. It is important to do it in a fiscally prudent manner, unless of course you can time the collapse accurately : )

[CodeToad]

“government fails tomorrow and our currency becomes worthless “

I am seeing the people pissed off enough to toss out the federal government and the dollar is looking worse by the day.