ping
Anything we are doing, and we are, as Socialist, central planning is universal( funny how the elites everywhere like concentrated power. Of course, its for the children. THEIR children, anyways..)
Watch England, and others. Everyone is under the stress of lifting delusions.
Another thing, there is not enough gold, in the entire world, to even work as a trade unit for just the US economy.
If, say, gold is the only medium of exchange, then look for a world economy of about 1 percent of preset size.
Frankly, I say if world GDP falls 10 percent, then you will have political and physical chaos, world wide. Enough so that 200 foot ex Saudi Costguard Cutters will be collecting ‘transit taxes, in cash, even depreciated cash’ off the Arabian coast. No truck, train, or plane will land or take off near any third and quite a few 2nd world ports.
Demagogues will haunt the streets of European Capitals.
Detroit, Chicago will be in the sway of Louis Farrakhan.
Not much will come out of Africa but high value items and refugees, by the tens if not hundred millions. No wheat, foodstuffs, bulky and too expensive to pay bribes and ship on trucks on decayed roads, or busted railroad tracks into the interior.
American and European youth, the few that there are, will volunteer to die, suffer for third world gaping mouths. And no politician or present institution has the ethical or moral authority to inspire or command. Elites world wide are held in contempt by the mass of people, and rightly so.
Anyways, you may have your gold. But you may not have enough to buy anti-biotics, or foodstuffs.
If you are that worried, think a rural farm and guns.
Completely plausible and massively sobering.
bookmark