Do you think the Constitution will be officially discarded? One World Government? Or on the Paulite track?
I just don’t know how much longer we can sustain the size of our government and military.
It’s all going to dust. No life on earth evermore. So I give up!
joking![:D]
2 years - States begin to default, social programs collapse,leading to large scale rioting.
5 or 10, who knows after that shit-storm.
Honestly, that sounds better in the short hand. I have no clue what’s going to become of me and my family, friends.
I’m very optimistic in general about certain aspects of the future, but this one just keeps rearing it’s ugly head and won’t go away.
People say everything is going to be fine and that I worry too much, but then again they were all in the business of flipping houses not too long ago.
People always think seriously bad stuff only ever happens in far away exotic places. Trouble is every place is far and exotic looking to someone, it’s just a matter of where you’re standing.
2 - 5 years? Iran.
10 years? The Union will be dissolved or close to it.
I think this econ crises will only get much worse, at which point there will surely be much change. The question is whether the change will be towards move statism or less. History indicates that there is almost always a lessening of freedom following econ troubles.
In 5 years - severe deflation wrecks the economy.
In 10 years - severe hyperinflation wrecks the economy even more
It will become the Empire of the Americas (it will still be called the U.S.A., it’s just that the “States” being referred to will be countries). Can’t sustain the Empire? No problem, print and borrow, find ways to compel other nations to buy our debt. Social unrest? Start a war somewhere (you suspect Iran), wars keep people in line and are good for the economy, right? Unfunded liabilities (social security / medicare / Obama Plan)? Congress will pass laws to “drive health care costs down” (a euphemism). And, the “R’s” and “D’s” will continue to take turns controlling us, I mean, “leading the nation”. Political opposition will be allowed, but it must be pre-approved.
2 years: Move to Asia?
5-10 years: US Hyperinflation
Why would the deflation happen first? I think that Larose’s prediction is most likely.
I could have sworn that the states are of “countries” now too.
As for predictions? I have nothing detailed. I can only say that if policies continue as they are, the capital base will continue to be consumed.
I can see the US becoming a modern day Athens with China being our Sparta or Thebes. But who will be Alexander the Great -the UN?
Shaka Zulu… if it comes to that.
Mmm… IDK, that was only a short period within the shit storm and obviously it wasn’t the deflation that occured originally or was the cause of any concern… But jesus christ those are some impressive figures… The most being September to October, money supply increasing 30 times in 30 days… The November figure is the one that looks the most impressive though.
It’s going to be total anarchy.
Whether or not it’s freedom, that has yet to be decided.
Amazing table! Can you please provide the source/reference?
Z.
In 2 years, the government will be even bigger than it is. Healthcare reform will still be in debate.
In 5 years, Obama’s 2nd term will prove that government will never stop growing and that we don’t have control over who’s in office at all.
In 10 years, Obama will still be in office (like FDR) because our economy will be that bad and the majority of Americans are leftists who believe that the great nation of America is 100% free no matter what the government does: “Its America, come on, things like that don’t happen here..”
Being an economics major in my 4th year at the University of California, Irvine has taught me many things about the general population. When there’s some group having some sort of musical or dancing performance at the student center during lunch, almost the entire crowd is enthusiastic about it and are paying their full attention to it. On the other hand, when an individual tries to stand up on the same stage and talk about why our economy is in this mess and why the government needs to shrink, everyone in the crowd talks over him and I usually see about 3 or 4 people actually listening to the speaker.