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To: LouAvul
You mean barring WW3 in a decade or less? Enough pundits have noted too many parallels to 1939 to discount such an eventuality. The amount of debt that the USA already has accrued is not survivable barring a great miracle from God—and what US leaders will lead the people in an act of repentance?
3 posted on 02/19/2015 10:27:17 AM PST by Olog-hai
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To: Olog-hai
The amount of debt that the USA already has accrued is not survivable

What do you mean, "not survivable"?

Paper money systems die all the time, it's rare for nations to die with them. I presume all the debt is going to be renounced (what else would you do with $18T in debt), and that we will start over.

The loss of all those Reichsmarks in 1945 didn't stop Germany from being on top again, I assume the destruction of all dollar-denominated investments will work out the same.

82 posted on 02/19/2015 11:16:35 AM PST by Jim Noble (When strong, avoid them. Attack their weaknesses. Emerge to their surprise.)
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