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Originally posted by Anonymous ATS
It could be a controlled demolition and thus no immediate run out of the dollar or us treasuries. If we deflate the debt then we could even see gold go down not explode from the 1000 area...everyone that chased it and needs cash would have to (or at least want to) sell as that asset loses value, too. Then TSHTF and the game changes but first, TPTB could run the market down to make weak holders panic and sell out. Be careful as this scenario leading up to a bust could take 3 years not 6 months.
COLUMBUS, Ohio – Oil prices slid closer to a new multiyear low Thursday because of growing doubts that the $789 billion stimulus package will reinvigorate the economy and demand for energy.
Originally posted by downtown436
When you say survival mode, exactly what do you mean?
Originally posted by SailorinAZ
reply to post by mpriebe81
For many years I planned to escape to the mountains/out of the city. However, these days, I am thinking I will stay put in the city when the SHTF.
Everyone will be escaping out of the city.
Originally posted by Electro38
To all of the people who are saying we should all run to the woods with our guns. What are you waiting for?
Shouldn't you get going now?
During the great depression people were starving, your neighbors were starving and there were no gangs going around like in the "Mad Max" movie.
Why would it happen now?