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Originally posted by drjarhead:
I've got a little piece of advice for you guys:


FORGET THE ECONOMIC COLLAPSE, MELTDOWN, OR WHATEVER YOU WANT TO CALL IT....
That\'s what Mary Grabar, among others, say, but I respectfully disagree. The economic collapse may not happen overnight, and in fact may take a couple years to play out, but it is inevitable. And with a dozen states and dozens of cities on the verge of bankruptcy, the federal government will be powerless to do anything about it. Have the treasury print more money? That's something you can only do so many times, and we have pretty much used up our allotment already.

People talk about "entitlements," and what will happen when these are cut, but they're overlooking the elephant in the room. What will happen when California can no longer pay its correctional officers? What will happen when Los Angeles has to pay its thousands of police and firefighters with IOU's? Ans what will happen when millions of public sector workers find out their pensions are worthless?

President Obama is often accused of being a Keynesian economist. He's not. Even John Maynard Keynes knew you can't raise taxes in a recession. But at this point, it really doesn't even matter. A depression, probably with a little hyperinflation thrown in for good measure, is inevitable.

But don't worry about some takeover by some shadowy group of elites. There won't be any elites anymore.

What we have to fight for is the next economy. And we will have to fight to keep our freedom. Communists and fascists are already seeing a resurgence in Europe, and you know they'll be here.

That's what we have to be ready for. The economic collapse, and especially the aftermath.

Onward and upward,
airforce