Quote:
Originally Posted by FACE
Well, I honestly believe that the way things are done are at eol phaase right now.. But, I don't think America will fall in same way Rome or any other empire did... The small timers, those directly affected by entitlement programs, will be hit the hardest, as those system will have to come to an abrupt end. the core engine of America will stay intact, since it is the best one to be built ever..... just like a snake every other season, this country will have to shed the old, crusty socialist entitlement skin off and start anew...
there will be no need for a revolution, no need for new regulation... the way it is designed to run now is unsustainable, and will end itself, leaving us right where we started... where hard work and common sense actually pay off, and those who do nothing get nothing.
|
Well if the countries government fails it will be the people living setting up the new system. The problem is those are usually the worst ones. Hitler ring a bell? He was a "savior" for Germany when he first came to power. Hitler is an extreme example and I know that, but people of that character are the ones who try to seize the opportunity for power when the time comes. Look at history excluding the American and French Revolutions. The real hope is for us to start fresh from day one with the ORIGINAL Constitution!! Fill in the blanks as the needs arise with common sense and practical experience.
What you forget about things is the social unrest that ensues after such a thing happens. Country can't borrow any more money. They can't print anymore because its worthless. Hell your meal changes prices before you finish eating. Financial collapse doesn't mean that factories just shut down and there is no more activity in the country. It means that the currency and debt becomes so bad that people suffer. Suffering causes despair. With despair you have social unrest; aka riots.
Quote:
Originally Posted by HITandRUN
Nothing will fall since we are too good in making new debt and print more money!  |
Sir, that too can come to an abrupt halt!! Printing money comes after the failure of issuing more debt though.