Why We Need Bitcoin: Global Debt Reaches New Record High
submitted 4 years ago by MarkoVidrih from (medium.com)
[–]dcjogger 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 4 years ago (0 children)
The best case scenario to avoid the collapse of the US is if someone like Ron Paul is elected who ends the wars, welfare, the police state, and reduces the debt. Unlikely.
The fall of the USA might look like the end of the USSR where the government suddenly just quits, the US splits up, the debts are not paid, and the divided states form new countries.
Another possibility is that the US slowly looks more and more like Brazil and dies with more illegal immigrants, a stock market collapse, banks fail, unemployment soars, Social Security goes bankrupt, taxes rise, there are riots, more wars, more tyranny, and secession.
The worst case scenario is that the 1% goes insane, starts WWIII, a Civil War breaks out, and Americans are sent to the gulags.
Most likely, the US won't reach 2050 without collapsing.
http://www.thecommonsenseshow.com/2014/07/30/what-will-happen-first-an-economic-collapse-or-martial-law/
http://newswithviews.com/McGuire/paul252.htm
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[–]dcjogger 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (0 children)