[Chgogal]

It’s interesting that a Russian Billionaire bought Trump’s Palm Beach house for $100,000,000.

Lots of people have lots of dollars and they are going to have to spend them somewhere. If the world lets the US fail, then what? We still have our natural resources and the intellectual capital. It will be tough. Will it be tougher than the depression? Beats me.

[Travis McGee]

I think it will be worse than the GD1, because our society now demands instant solutions or else. I call it the Katrina Paradigm. No politician or political power can stay in power that tells the hard truth. The political winners will offer wage and price controls, anti-hoarding and anti-gouging laws, rationing, rent and mortgage guarantees etc. etc.

Instead of getting through GD2 in one or two hard years, the “cures” demanded by the sheeple and provided by the demagogues may kill the patient—our freedom—and send us into tyranny.