It's About Liberty: A Conservative Forum

Topics => Economy => Topic started by: Libertas on December 02, 2011, 07:28:54 AM

Title: Point of no return?
Post by: Libertas on December 02, 2011, 07:28:54 AM

$15T in debt, debt to GDP of 95.5%...100% is the generally accepted implosion point.

http://www.zerohedge.com/news/us-debtgdp-hits-post-ww2-high-995-following-55-billion-overnight-debt-increase-total-debt-now-o?page=1#comment-1937807 (http://www.zerohedge.com/news/us-debtgdp-hits-post-ww2-high-995-following-55-billion-overnight-debt-increase-total-debt-now-o?page=1#comment-1937807)

And golly, look at those unfunded liabilities climb!

http://www.usdebtclock.org/ (http://www.usdebtclock.org/)

Anybody think confiscation won't come?  Anybody think we can pull back from the brink?  Anybody think the ballot box will make any impact at all?

The unthinkable is going to become the inevitable.

Better have plenty of barter items on hand!

Title: Re: Point of no return?
Post by: AmericanPatriot on December 02, 2011, 07:37:36 AM

Will it collapse with a bang or a whimper?

And the aftermath. Chaos then martial law?
Then the great World War?

Tribulation and End Times?

Title: Re: Point of no return?
Post by: Libertas on December 02, 2011, 07:45:48 AM

Could be all and then some or any mix thereof...

Being a betting man, I'd put my money down on a series of cascading mini-implosions that lead to one big POOF!

Some martial law and anarchy thrown in here and there until the Big One.

Then, yeah, chaos, civil war, wars of acquisition, famine, plague, pestilence, rape, murder and mayhem...all the nasty parts of the bible...

After that?

 ::whatgives::