Actually, the best way to stop the recession is for the government to do nothing. Recessions typically last from 1 to 2 year, the market will eventually improve on its own. Unfortunately, the government will just end up prolonging the recession by meddling in the economy. But even if the recession goes on for a while, that doesn’t mean that the social order will break down. Moreover, I stand by one of my previous posts in which I pointed out that most of us can’t “run to the hills.” Most of us live in metropolitan areas. We can’t run away. Of course, running away never solved anything any way.
I agree with you and your basic points that much of this is unlikely to happen. To the extent that I have some concern about the current situation, however, is what happens if people begin to lose faith in the dollar? If we continue to print money as we have been, eventually people will lose faith in our currency. If that happens, all bets are off.
Not saying it will. Just saying that this is a concern that hasn't, in my mind, existed in previous recessions.