If the dollar collapses, then the price of oil will skyrocket.
While much of this is true, the American people are simply not willing to accept curtailment or even reform of the entitlement state. This nation’s people are firmly wedded to the social welfare system and it will probably not be till the brink of collapse that folks are willing to do a thing about it.
Democrats will use “medi-scare” successfully, with the media’s help of course, right up till the time the program collapses. Heck, the American people are so far gone that these entitlement programs could literally be in the processes of implosion and people (especially old folks) would be unwilling to do anything to fix the problem.
It’s frustrating and sad, but that appears to be where we are at.
Moral rot at the societal level is accompanied by economic decline at all levels, eventually.
We're reaping what we've continued to sow. The law of the harvest has not been repealed and will continue to be demonstrated.
And we keep right on electing the same ol' retreads into office and repeat as necessary to solve all of our problems.
Yes, I'm laying blame on politicians in Washington who are "elected" to keep such things from happening by doing nothing but following the Constitution as written.
“Contemplate the mangled bodies of your countrymen, and then say “what should be the reward of such sacrifices?” Bid us and our posterity bow the knee, supplicate the friendship and plough, and sow, and reap, to glut the avarice of the men who have let loose on us the dogs of war to riot in our blood and hunt us from the face of the earth? If ye love wealth better than liberty, the tranquility of servitude than the animated contest of freedom — go home from us in peace. We ask not your counsels or arms. Crouch down and lick the hands which feed you. May your chains sit lightly upon you, and may posterity forget that you were our countrymen!” ___Samuel Adams___original “Tea Partier”
Cash will not collapse. They have not actually printed it. It is all on paper. In the Balance Books etc.
My FAITH is NOT on man or money, but in the Lord only. ONLY IN HIM do I trust. He will take care of the rest. Do the same and you will have peace, peace the world DOES NOT understand. If it be His will He CAN easily turn our situation around IF we, AMERCIANS, will make Him, Lord of this country again!
Bottom line: we cut our budget or China/Japan/Europe does.
One way or the other it is going to happen.