To: Rodney King
Yeah, but just watching the expressions on their pompous faces would be worth it.
But the collapse of the dollar which may very well follow in lockstep would kinda kill the joy. The economic depression during the 30s started in Europe, and spread quickly, and the world is much more closely intergrated today then it was then. For one thing the US real estate bubble would burst as European held assets in the US go on the block in a firesale.
13 posted on
06/01/2005 4:11:39 PM PDT by
ARCADIA
(Abuse of power comes as no surprise)
To: ARCADIA
But the collapse of the dollar which may very well follow in lockstep would kinda kill the joy. The economic depression during the 30s started in Europe, and spread quickly, and the world is much more closely intergrated today then it was then. For one thing the US real estate bubble would burst as European held assets in the US go on the block in a firesale. No biggie if you are prepared. Save up your money in a mixture of cash, treasury bonds, gold, and real estate. Then, when the depression hits, you can buy up down-town real estate for pennies on the dollar. You can hire maids and butlers for nothing, and every hot chick in town will be hitting on you. All you have to do it be prepared.
14 posted on
06/01/2005 4:16:06 PM PDT by
Rodney King
(No, we can't all just get along.)
To: ARCADIA
"But the collapse of the dollar which may very well follow in lockstep would kinda kill the joy. The economic depression during the 30s started in Europe, and spread quickly, and the world is much more closely intergrated today then it was then. For one thing the US real estate bubble would burst as European held assets in the US go on the block in a firesale."
Not really the world has evolved since the great depression and economies have evolved with it. The US Dollar would probably be strengthened since people would sell Euros and buy up the safer currency. To be sure there would be repercussions but survivable.
17 posted on
06/01/2005 4:26:01 PM PDT by
DM1
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson