“Until Americans give up their excessive lifestyle and return to just a cash based society...”
In that case, I am all set! See my tagline. I am debt free (including no mortgage), I have a good amount of savings and am working on building future wealth. What does that mean in a collapse? If I am lucky, it means nothing. However, I suspect that I will be targeted for specific punishment....maybe sent to the boxcar in the first round!
The moochers will demonize my ilk and blame me for their ills. The ruling elite will be more than willing to act on their behalf....
I have no debt, plenty of savings, retired at 55 and living a very nice life on the pacific oceanic a 3 bd 3 bath house paid in full in San Juan del Sur, will have my 5 year visa on October 24 and will sit here watching the USA collapse.
People who are debt free better look into escaping while hey can and reconsidering how and where they are going to get their assets out of the USA while they can...
The gate keepers fom both parties will soon see the money leaving the country and will crack down, they have begun already.