you are viewing a single comment's thread.

view the rest of the comments →

[–][deleted] 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (5 children)

A very real possibility, I think. Some of depends on if we can hold on as the world's reserve currency. Certainly we're in real jeopardy in our lifetimes.

Yeah, it's been easy to see it coming. The only thing working against the dissolution of the dollar is the fact that most other central banks are monetizing debt almost as fast as the US.

Gotta have some of that wealth in a deep pantry, silver, and ammo. Still be a bad situation, but at least not everything is wiped out.

Agreed. A deep pantry and precious metals (Lead --> Silver --> Gold) are key hedges against system instability.

[–]theFriendlyDoomer[S] 4 insightful - 1 fun4 insightful - 0 fun5 insightful - 1 fun -  (4 children)

China's real estate bubble is another point in our favor. But that's only delaying a reckoning. . . one which win, lose, or draw I am not looking forward to.

[–]beermeem 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (3 children)

OMG peak oil is going to kill us all!

[–]theFriendlyDoomer[S] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (2 children)

Not what we were talking about, but . . . okay.

[–]beermeem 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 2 fun -  (1 child)

...okay.

[–]theFriendlyDoomer[S] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

OMG. LOL!