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Sunday, November 4, 2012

What's life Like After an Economic Collapse?

5 comments:

Anonymous said...

Wholy crap you have a face!?
how long have you had a face, and why am i just seeing it now?

btw, good to know that the advice was confirmed in the previous post from NJ. i mean, it makes sense, but its good to know how it applies to a situation close to home.

Anonymous said...

Ferfal -

GREAT food for thought. Thank you so much for sharing from your personal life.

Sounds a bit like you are 'decompressing' from your many years of stress in Argentina. It's nice to be able to do this, once you are in a 'good place'.

Keep up the good work and God Bless.

Anonymous said...

California has become much like Argentina or any third world Latin American country. Corrupt leftist Democrats have totally bankrupted the state with their out of control spending. They promise ever more entitlements to buy votes and then keep demanding further tax increases from taxpayers with threats of more cuts to basic government services if voters don't approve propositions to increase taxes. California taxes are among the highest in the country but the streets and the schools are among the worst. Many businesses and middle class families have fled the state. The rich Hollywood leftist elite like George Clooney and Barbra Streisand live like royalty in gated compounds along the coast while the poor masses dependent on government entitlements live inland waiting for more crumbs from the corrupt Democrat elite. Crime is out of control in some inland cities like Vallejo, Stockton and San Bernardino which have declared bankruptcy and laid off large portions of their police departments.

Greek Caste System said...

Concerning your friend in South Africa: I have relatives who live and work there, there is the same mentality, they still own a small condo in Greece because they have in their minds to return to Greece in case things get etc. etc.
By the way, Johannesburg is considered the crime capital of the world!
It is really interesting and strange that people who live for 30 or 40 years in countries like S.A. or Argentina never really feel "natives", that is totally determined never to leave no matter what.

Don Williams said...

1) When I noted in the past that the USA would take the rest of the world down with it if it collapsed, I was not arguing that such a collapse could not happen. There is ample evidence that the US elites are just as corrupt as South American
regimes -- that the only thing that distinguishes them is their hypocrisy and deceit, not their virtue.
2) But if you look at reality, reality says that the USA had $329 Billion in exports and $448 Bil in exports to Europe in 2011, $368B in exports and $718 Billion in imports with the Pacific Rim, $352B in exports and $422B in imports with twenty Latin American Republics.
See http://www.census.gov/foreign-trade/Press-Release/2011pr/final_revisions/11final.pdf

2) Plus global trade continues only so long as war does not break out. The US government maintains the peace but is bankrupting the American People by doing so -- spending more on the military than the next 17 major military powers combined. That is not sustainable in the long run--
and Mitt Romney is an idiot and a crook for saying it is.
http://en.wikipedia.org/wiki/List_of_countries_by_military_expenditures


Note that I am not saying that Pax Americana is benign --it is not.
But it continues only because US elites are reaping the great profits while dumping the enormous costs -- in blood and treasure --off onto the moronic US middle class. Who remain quiet only
because the full pain is not being felt yet because $Trillions are
being borrowed instead of being raised by taxes.


3) Global trade is a rubber band that is badly stretched --
and when it snaps the effects will be non-trivial. Just as they
were in 1929 when Great Britain could no longer sustain its
costly Empire.