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To: Paul R.
--- "Don't ask me where recovery comes from when the whole thing breaks, tho’."

Friend, take heart. Recovery will come, though perhaps our current addiction to debt needs to go the way of the alcoholic who must first experience that which will change his heart and mind.

Peter St Onge, at the Heritage Foundation, has some interesting notions about closing the Fed. Worth considering.

Such as: https://www.youtube.com/watch?v=HArmCV8x7AI

As to various sorts of collapse, we knew many one-time East Germans who became simply Germans, with the collapse of the USSR and resultant collapse of the DDR. After some short wrenching experience, things turned around. People will not remain "collapsed." Only governments and perhaps politicians will.

But additionally a survey of the many national abrogations of debt throughout the 20th century, things would re-form with reforms. Some sadly then go back through the same stupidity because politicians are politicians. But people survive, and some survive reasonably well.

The biggest thing, as my wife and I see it, is to "not let the bastards get you down." Media-driven fears are rampant, the end of the world supposedly coming from climate issues, or the BRICS+ challenges, or debt, or pandemics and more.

Walking away from the fear -- even the media and certainly from MSM -- is advised. Have little or no debt. Own real estate away from inner cities. And such.... But especially, reject the fear merchants.

The recovery will come. From us. Best wishes.

9 posted on 09/05/2023 3:24:00 PM PDT by Worldtraveler once upon a time (Degrow government)
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To: Worldtraveler once upon a time

Improvise, Adapt, overcome
Success is the best revenge.


11 posted on 09/05/2023 6:38:58 PM PDT by griswold3 (Truth, Beauty and Goodness )
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