Don't Get Caught Holding Dollars When The U.S. Default Arrives

[Bad_Daddy 2,209]

Zombies will be more like it.

It's seriously scary to think what'll happen in the urban areas only a week or two after the food trucks stop rolling in and the power stays off.

I say "BRING IT ON"! It's the white collar preps who put us in the position we are now, so I say let them suffer. We don't have Pol Pot, but we do have our tanking economy. They did it to us and themselves, now let them reap the benefits.

[mawilson 2,133]

Most rich that I know are well diversified on paper. When it comes to "real" assets, they don't have much in the way of things that'll be necessary after a currency failure.

Well some have private jets and properties approachable by private jets and more so on islands

which are away from the crowds.

[slim 1,514]

Well some have private jets and properties approachable by private jets and more so on islands which are away from the crowds.

Yes, all four of those guys will be fine. The rest of them... not so much.

Keep in mind too - jets require ground crews and no matter how far away you get from civilization, there has to be some sort of sustainability or else you're only working on the timeline of what you've prepared for. Even the super rich with private jets aren't prepared for the long haul.

[Mr. Big Dog 10,747]

There are many who wish to make sure that the dollar holds no such place in the world economy anymore.

Yep. Throw those bums out!

[dalegg 143]

I heard a lot of people saying double dip last year. Looks like they are going to be right.

[Trumplestiltskin 5,791]

It's the city folk who are going to suffer the most when their paper world comes apart. In fact I wouldn't mind seeing the dollar take a giant hit just for the entertainment if anything. I'm guessing rat hunting for food will be the next big fad in NYC. They can run around and beat them over the head with their $200+ wing tips. Of course with all those gay marriages going on over there in NY, I'm sure the high heel to the top of the rats head will be the norm.

I wonder if there were people living in the Great Depression who found entertainment in seeing people starve to death and be reduced to utter destitution (not to mention the "hilarity" of the second world war that followed).

I heard a lot of people saying double dip last year. Looks like they are going to be right.

It'll be more than a dip...

[Bad_Daddy 2,209]

I wonder if there were people living in the Great Depression who found entertainment in seeing people starve to death and be reduced to utter destitution (not to mention the "hilarity" of the second world war that followed).

It'll be more than a dip...

If that's what it takes to bring this country to reality then so be it. Nothing to date has brought these white collar thieves to reality. Nothing like a depression on a massive scale with a bit of revolution thrown in to set things back to right.

[Trumplestiltskin 5,791]

If that's what it takes to bring this country to reality then so be it. Nothing to date has brought these white collar thieves to reality. Nothing like a depression on a massive scale with a bit of revolution thrown in to set things back to right.

Wishing your country undergo a national act of masochism seems rather unpatriotic to me. What's more - it's madness.

Do the responsible thing - You need to pay more taxes and the government needs to spend less. End of.

[^_^ 5,021]

You can't have a country when so many people don't consider the people they share the country with worthy of sharing a country with.

Edited July 25, 2011 by \

[Trumplestiltskin 5,791]

You can't have a country when so many people don't consider the people they share the country with worthy of sharing a country with them.

This is true.

[Bad_Daddy 2,209]

Wishing your country undergo a national act of masochism seems rather unpatriotic to me. What's more - it's madness.

Do the responsible thing - You need to pay more taxes and the government needs to spend less. End of.

We booted the English out for not listening and high taxes. Having a revolution just might wake this country up. Changes need to be made.

[^_^ 5,021]

We booted the English out for not listening and high taxes. Having a revolution just might wake this country up. Changes need to be made.

If default is allowed - given how completely avoidable it is - you are right... changes will have to be made.

[Trumplestiltskin 5,791]

We booted the English out for not listening and high taxes. Having a revolution just might wake this country up. Changes need to be made.

What changes?

[Mr. Big Dog 10,747]

I heard a lot of people saying double dip last year. Looks like they are going to be right.

Well, the GOP has and continues to work hard to make it so. The worse the economy, the better their odds of accomplishing their stated #1 goal.

[Trumplestiltskin 5,791]

If default is allowed - given how completely avoidable it is - you are right... changes will have to be made.

It is avoidable. Unfortunately, people like Kip have little conception that the US economy is tied to the global economy.

Perhaps he plans to move to China... Although given that the Chinese own most of the US' debts, perhaps the Chinese will move to Alaska.