The quandary: How can I present the end of the World, as we know it, and get people to pay attention instead of just calling the nice men in the White Coats? People avoid unpleasant subjects, no matter how important the information.
So what make me say that things are coming to a rapid end? I am a Student of History, which provides us with real insight on what happened, and why. I claim no clairvoyance, nor do I have a crystal Ball (unless some nice marbles count); what I DO have, is what happened in the past when similar situations occurred! Well here we are again, at a cusp in History, looking over the precipice; and trying to decide to step, or not! Here is an analysis I wrote for something else, that covers this specific topic:
Historically speaking, unless we stop spending several times more than we make, we are done. Every world power that has attempted to be the currency for the World, and then begun deficit spending has failed! England had the entire World to draw from to support the Pound, and now they are a destitute ( because of WWII, but mainly Socialism) a shadow of what they were.
Because we are printing paper Money, to cover unprecedented over spending We will soon join them in shadow status, because people want money from the government they did NOT earn! Socialism forces this monstrous collection of fatal spending.
Originally, the English pound was a pound of sterling silver. Then they went to paper money, then they stopped saying it was a pound of sterling silver, and it just became a pound. Then, since it was no longer redeemable for silver, they began printing massive amounts of pound, and inflation began in earnest. The government decided it could print whatever it needed to spend! WE are following the exact same course to perdition!
If you have $10,000.00 in a savings account, and the government prints $10,000.00 in bills; your money still reads out as $10,000.00, but it is actually Worth $5,000.00 in buying power. This has been going on slowly for half a century, now they are compressing that same theft into a year...then it will become a month...
This is not guesswork, this is History, and it has happened before! Greece crashed, more recently Venezuela....
@janton LOL!
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