[Zakeet]

IMHO, Freepers are well advised to carefully read this article and consider its implications

Additionally, this appears to be a good article to e-mail to a liberal.

[central_va]

Holding the debt ceiling in place will at least (in theory) stop the Federal Reserve’s printing bonanza. If the Treasury can’t continue borrowing from the Fed, then the Fed has no means to continue creating debt or fiat (my suspicion though is that they would find a way around this). A national default would result. The U.S. Treasury Bonds held by governments around the world would become essentially worthless, the dollar would lose its reserve status, plummet in value, and hyperinflation would result.

Simply not true, the debt could be serviced in a debt ceiling scenario. Red Herring alert.

[Kartographer]

It should be clear to all by now that we will heading or being driven, depending on your view toward a economic collapse much like that of Argentina’s only bigger:

http://www.youtube.com/watch?v=rH6_i8zuffs

You need to remember that as a armed society and one which contains a much more violent crimial and entitlement minded element our collapse is much more likely to be much more violent than Argentina’s was/is. I see evidence in the daily news that in many big ‘blue’ cities you can expect what I call “Pocket pogroms” will be carried out and if you aren’t ‘Amish’ you better be ready to get out and quick!
<

For more information on living in a collapse economy I strongly suggest that you read Ferfal’s blog SURVIVING IN ARGENTINA: http://ferfal.blogspot.com

For those who would like to get started preparing my Preparedness Manual is available (THANKS!to eaker)for a free down load at:

http://www.tomeaker.com/kart/preparedness1i.pdf

[SoCal SoCon]

Thanks for the article.

[familyop]

"From my perspective, the best bet for short term protection against inflation and dollar collapse is for communities and hopefully states to begin decoupling from the diseased system entirely."

Most of the local communities are ruled by old, bipartisan socialist hags and cross-dressers.

"This means localized markets, self sustained neighborhoods and towns, as well as sound money legislation and nullification bills at the state level."

Let most of 'em give up the final "croak," then rebuild. Current leaders are like cancer cells regardless of their ostensible partisan affiliations. They're weird.