Posts Tagged ‘simple question’

It’s a Simple Question

Posted: 14th March 2013 by admin in food
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Do the new highs on the stock market indicate that our country is no longer in danger?  I believe that America’s mounting debts (particularly our federal government’s debts) will cause our creditors to abandon the dollar. It will not be a deliberate effort to kill our economy, but in an effort to cut their exposure to inflation that results as the US prints trillions of dollars to repay its debts. In this scenario, the U.S. dollar would lose its standing as the world’s reserve currency, causing financial, political, and massive social problems, including the devaluation of the US dollar. The question to ask is what the 48 million people who depend on food stamps and government handouts would do if a crisis […]