[Kartographer]

Is that the 'Fat Lady' I hear tuning up backstage?

[Dubya-M-DeesWent2SyriaStupid!]

bflr

[RayChuang88]

In short, we're about to have a perfect repeat of the 1930's: economic depression, increasing political extremism, and in the end a general world war as countries realize the only way they can get resources is to take them by force.

And with thousands of active nuclear weapons still around, the prospect of 1/3 the human race being decimated immediately from the effects of a nuclear exchange is frightening, to say the least. Just an exchange between China and India could kill over 200 million people....

[Mariner]

Like the author I have been unwavering in my contention that this debt deflation has yet to play out.

And play out it will.

The World has lost over 50% of it's financial wealth due to bad debt. Think about it. 50%.

This will be uglier than hell.

The Fed cannot print enough money to cover the losses.

Buy and hold cash, both under your mattress and in the bank. Own weapons, ammo and food...and other essentials.

Homes will sell for their cash value...approximately $10/sq ft within 3 years. Minimum wage will be a good, living wage. Gas will be a buck a gallon, or less as our consumption is reduced by 50% or more.

Don't forget to put away a case of Whiskey and 20lbs of coffee.

[Dr.Deth]

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