That's already happened. We know they're not gonna let the other side win.
And the sides really are now "Main Street" versus "Wall Street." Wall Street will do whatever is necessary to prevent Main Street from winning, at least if it means their being wiped out.
Frankly, I really don't know how to play it. Part of me says to get another house right away while sale prices are still low and interest rates are ridiculously low. But the other part of me says no, invest in an Airstream Trailer with a Ford 350 and hit the road. They'd have to find me first before they confiscate my stuff.
Hmmmm . . .
Me too, I don’t know what the best course of action is. We see the old system crumbling around us, the sheeple see the stock market going up and think, “WOW! The economy is fixed!”, when in fact, it’s hot money from the fed pumping up stock prices in the first bout of inflation.
Another way the little people got screwed was with this whole MF Global theft and Corzine skated. People had ownership certificates for bullion with serial numbers - that is a warehouse receipt. This property was stolen.
During the Weimar collapse, even real estate was not safe. All property was subject to excess taxation and/or outright confiscation.
During Weimar, property owners gave the keys to tenants so as not to be robbed of their entire fortunes via confiscatory taxation.
I’ve been directing people to a great book I read on the Weimar collapse, “When Money Dies”. Check my back posts where I posted a link that you could download it for free.
You can click on the book below to get it from Amazon:
You are in luck... it appears that you can still read it or download it for free online here and only here:
When Money Dies: The Nightmare of the Weimar Collapse
This book was out of print for a while, but now is being reissued. If you are interested, I suggest you grab the free e-book above while it lasts, as it will likely soon disappear since the book has gone back into print.
:)
Of course you can always buy a bookshelf copy from Amazon as it's cheap enough.