posted on Dec, 20 2012 @ 08:16 PM
I've been hearing about the impending crash of the dollar for 10 years now. The Euro's going to go any minute. The world will dump the dollar as its
reserve currency. The derivatives speculation market will implode. Every week, it's some new peril that never quite materializes.
I wish they'd get on with it.
Don't get me wrong, I'm not looking forward to the suffering of millions of people. Every day that it doesn't happen is a blessing. But being on
the edge of your seat for a decade is wearying. And when you have limited resources, like I do, you're torn between "prepping" for the aftermath of
such an event and buying things you really need for the here and now.
The problem is, I don't really know if the collapse will happen, because I'm not a financial expert. (I went to a crappy college and got a "C" in
economics.) And it's not like someone in the know-a banker or a stock broker-is going to say, "Yeah, dude you're all screwed." Their livelihood
depends on our faith in the system.
Interestingly enough, in 2009, after the housing market bubble popped, the president of the biggest bank in our town addressed the business college in
a mandatory meeting. He told us that we were the future, that the economy was nowhere as bad as the Great Depression, and that we needed to get out
there and get jobs, and not "stock up on guns, gold and groceries." Those were his exact words. I wasn't even thinking like that, but when someone
in authority tells me not to do something, I immediately wonder why.
So, is there anyone out there who is qualified to comment on the subject and can tell me, for certain, that there is or is not going to be a collapse
soon? Maybe no one can really predict such a thing. I'd appreciate thoughtful answers, with documentation, if possible. Thank you.