Glenn Beck covered this quite nicely. The first thing that goes is the dollar, the next are industries i.e. jobs, the third is the housing market, as there is no money and people default. It’s a domino effect.
Here is my question. I am trying to pay off all debt so more of my income stays in the household. At the point where everything is paid off I am thinking about buying old silver coins in bulk plus more ammo. What else is there to invest in where your money is safe? I am afraid the paper will be worth nothing so I feel like I should be stocking up now.