"I don't really see the world falling apart anytime soon. We went through this in the last recession and everyone was waiting for the US got go bankrupt except then everyone was crying that Japan would own us."
In a few months the National dept will be $80,000 per citizen. I call that essentially bankrupt. And,, who owns "us" now? How much of US real estate and US business is already foreign owned? How much are we funded by China?
Our national debt is $14,025,215,218,708.52.
If history is to be a lesson as you've indicated - large governments have crashed and burned as far back as recorded time. Why? Often because citizens could vote themselves free stuff and people got lazy saying exactly what you are saying. Ever hear of the Roman Empire?
Maybe your strategy of sticking your head in the sand will work, and maybe it will not. I DO know this. A US economy that is reliant on constant growth CANNOT work long-term. This planet is finite and does not allow for perpetual growth unless we plan on moving to outer space or a 5th dimension, time-warp.
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Today's Featured Article - Usin Your Implements: Bucket Loader - by Curtis Von Fange. Introduction: Dad was raised during the depression years of the thirties. As a kid he worked part time on a farm in Kansas doing many of the manual chores. Some of the more successful farmers of that day had a new time saving device called a tractor. It increased the farm productivity and, in general, made life easier because more work could be done with this 'mechanical beast'. My dad dreamed that some day he would have his own tractor with every implement he could get. When he rea
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