johnwilliamson062
Moderator
One of these days the Chinese will say no more. If we stay the course between now and then people who have lived off of welfare will suddenly find themselves holding checks that banks will not cash. They will be upset. THey also will have extremely limited options as they have NEVER provided for themselves. In fact many come from third generation welfare families who's only skill handed from generation to generation is playing the system. THey have no education, no work ethic, and no job skills.
What can we do between today and the day the Chinese cut off our source of borrowing to prepare for that day? If a con con is too dangerous, what options do we have?
I have some connection to both my Rep and Senator(and at least one of Voinovich's likely replacements). I can push a little and I think they will at least listen to what I say and consider it, even if they do not follow my advice in the end.
As it stands I see this country falling in upon itself in about 5 years(25 trillion debt, 35+% of budget services debt), ten at most(45+ trillion debt, 50+% budget services debt), and within a year would not surprise me(15 trillion debt, 20+% budget services debt). Russia went from a legitimate threat to ruins in less than one year. At the point at which world powers start talking about changing their foreign currency reserves from the hegemonies currency, it usually does not take long. There are some strong rumblings to this effectaround the world.
At that point, as a 25-35 year old male I will be holding a rifle whether I want to or not(in this situation everyone my age holds a rifle or gets a bullet in the head historically). What can be done to avoid that outcome?
Con Con is all I see. What other options are there(besides just letting the debt pile up and bankrupt the country).
Maybe the EU will bail us out in thanks for the Marshall plan...
What can we do between today and the day the Chinese cut off our source of borrowing to prepare for that day? If a con con is too dangerous, what options do we have?
I have some connection to both my Rep and Senator(and at least one of Voinovich's likely replacements). I can push a little and I think they will at least listen to what I say and consider it, even if they do not follow my advice in the end.
As it stands I see this country falling in upon itself in about 5 years(25 trillion debt, 35+% of budget services debt), ten at most(45+ trillion debt, 50+% budget services debt), and within a year would not surprise me(15 trillion debt, 20+% budget services debt). Russia went from a legitimate threat to ruins in less than one year. At the point at which world powers start talking about changing their foreign currency reserves from the hegemonies currency, it usually does not take long. There are some strong rumblings to this effectaround the world.
At that point, as a 25-35 year old male I will be holding a rifle whether I want to or not(in this situation everyone my age holds a rifle or gets a bullet in the head historically). What can be done to avoid that outcome?
Con Con is all I see. What other options are there(besides just letting the debt pile up and bankrupt the country).
Maybe the EU will bail us out in thanks for the Marshall plan...