Quote:
Originally Posted by RSF
Of course the US Gov won't collapse. US and Cdn economy will mind you. Seems to me it's just a matter of time. US Treasury can't continually bankroll the underwave.
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Well that is where your wrong.
The Treasury has virtually unlimited power to do whatever is necessary and with all the other countries in the world working together, they will do whatever they want, including printing money.
Ah yes, but printing only works for a while right? True, but the current system is based on illusion and they know it and because they are all in on it, the illusion will continue. The Fed has been printing money for a century now like crazy and all the dire predictions of "it will collapse" have not happened for a reason.
The problem with people making predictions is that they view the world through logical terms. Unfortunately, the world isn't logical, especially in the realm of government finance. Once you accept that fact, it all becomes clear as to why the world keeps running like it does, when anybody running their business in the same manner would go broke in a week.
The current system will go on because the world wants it to go on.
That doesn't mean we wont have 5 or 10 bad years, but I am NOT fearful of a collapse to "third world" conditions because that is impossible in our current system.
What I fear is our government turning to oppression to force us to do what they want us to do. That is the more likely scenario.