"There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved."
-~~Ludwig Von Mises
“Remember, democracy never lasts long,” said Adams. “It soon wastes, exhausts and murders itself. There never was a democracy yet that did not commit suicide.”
Added Jefferson, “A democracy is nothing more than mob rule, where 51 percent of the people may take away the rights of the other 49.” Madison agreed: “Democracy is the most vile form of government.”
Travis, we’re good for another 40-50 years before we go the way of the British Empire. We could pay our DEBT back double if we wanted too. Not. Those with the BIG GUNS make the rules (world). The good news is we won’t be here in 40-50 years. Well at least me anyways...
Aren’t you glad we are a Republic ?