Company drivers might get $25,000 each!

What the government decides to do and what private citizens decide to do can be entirely different things.

At some point foreign investors will see how unsustainable our debt is. When that happens gold and silver will rise like crazy regardless of what the government does.

Most likely, they’ll try to float a New Dollar backed by a mandatory haircut, say 15% to 20% of all private savings, 401Ks and 403Bs. Thieves aren’t going to stop thieving just because they can’t print money anymore.

 

Not to get into political and stay within the realm of money. My thought turns to a possible future in which the Federal Reserve or the Treasury is deemed a total loss by Force Majur'e or some other mechanism. One day we will be informed of a new Dollar as you stated or something else completely. The rest of the world will not be happy to be a understatement.

I don't have any idea how we would function if something as basic as our money system goes away and you are reduced to what you can do with your mind and hands. I know I can make myself useful with timber and saws, Im very good with that. Better in trucking. But trucking runs on money and without it you don't have even that. So back to the forest I go. And as far away from any urban city I can get.

I hope that never happens however watching us jump from 18 trillion to essentially #### near 30 trillion in 20 months or 6.3 trillion in the last three weeks alone is a shocking amount of spending. Its all imaginary money. Money we do not have. Our budget is what? 4 trillion annually? Total value of Private and Corporate 401k's come to 16 trillion, real estate about that much and a trillion in cars. If you cashed all that out and sold it you might come up with most of that debt we owe as a nation.

The question becomes can we continue to function after such a decision? That goes too close to political social problems and I leave that here.

 

HBO made a great movie on Chernobyl where the lead Russian scientist, reflecting on the disaster, says: “Every lie we tell incurs a debt to the truth. Sooner or later that debt is paid.”

All our fiat, out of control debt is just that: A giant lie. The people offended by the idea that “those who do not work shall not eat” will not like what comes next. People like yourself, with a willingness to work will do fine.

 

Chernobyl was bad. I remember a virtual copy of Pripyat in one of the more recent computer war games online or single player.

What got me was Three Mile Island. Back in I think 1979. One day the Baltimore City News broke into daily programming and started letting us know that TMI near Reading PA had suffered a problem.

For three days we waited by that televison set ready to flee at a moments notice (Never mind where? Anywhere but the Entire Northeast meaning west and south) It was many years later before I learned the true story. What happened was the TMI containment structure protecting number two reactor was filled with hydrogen gas and suffering a meltdown reactor that was trying to want out into the open earth below our feet. (What with the river and water table it would have blown up and lit that hydrogen under pressure (Which was enough to irradiate the NE all the way to Maine and Greenland for 10,000 years uninhabitable.

Fortunately the containment held. From what I understand it's still there to this day. Non functioning and the core is probably well on it's way to losing it's horrible heat by now.

What we got in those three days from the media news was essentially no information at all. There were no internet, no computers and #### FEW people who truly understood the pending horror of what was happening. And they kept their mouths shut for the good of us all. Imagine 20 states fleeing west that week. Those never work out.

Many years ago I passed TMI. It was to me a very cold place. I would be more than happy never to be there again in this lifetime.

 

If you been screwed over " by this country " maybe you should live in another one. This is the Greatest country in the world!

 

They use these rushed 'have to get it out the door now' scenarios like a financial all you can eat buffet, they put the most ridiculous bs snuck in the back attachments buried in the fine print of a section that has nothing to do with the thing. Nobody reads it all, they all just keep notes on where they put their respective landmines to reference later.

 

Glad someone is awake amongst the sheeple.

 

I saw that, I figured it only was going to apply to medical workers.
(And the dark possibility that there will be so many casualties, as to make the policy affordable. Yikes!)

They offer it? I'll take it.

What to buy? Gold and silver seem to be accounted for, how about copper?

 

Unless you wear a cape and red boots that could get heavy. $25K buys about 5 tons of copper.