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<blockquote data-quote="island1fox" data-source="post: 816349" data-attributes="member: 4816">brett636,I have already posted on this subject but it would be worth everyones time to do their own research.I agree the next generations will suffer because of the debt. I also firmly believe that the major changes and hurt will be seen by all of us in the very near future.No one is paying attention to the rest of the world(excluding the U.S.) from regular talks and a formal meeting of replacing the dollar as the &quot;worlds currency&quot; The U.S. has been printing money --diluding the value of the dollar. China has alot of our debt --but look closely --it is &quot;short term&quot;As our politicians fiddle --we are about to burn. I have not and I am presenely not in position to buy any precious metals such as gold or silver.Can anyone guess why Gold has more than doubled in recent years ?? Simple economics --SUPPLY AND DEMAND.Why are the super rich dumping dollars for gold and silver ??How many of our politicians have recently put their savings in gold ?Harry Reid is not a stupid person --When he stated on the SENATE floor we must keep &quot;funding&quot; the Cowboy music festival in Nevada --was he crazy --NO--Harry as well as Michael Moore, muti-millionaires, liberal press --want to convince us the dollar will never be replaced --there is no debt problemThe talking point is &quot;future generations might be hurt&quot;If our Trillions of Dollars of debt is not dealt with in the next two to three years -China with reduced U.S. debt, Russia, Japan , Opec and the rest of the world will dump the dollar.I suggest everyone research &quot;the lost decade in England&quot;The only difference will be that the U.S. has and is envied and hated throughout the world. England survived after the currency was replaced only because the world took mercy on them and Thatcher did her thing.We will not be so lucky.<img src="/community/styles/default/xenforo/smilies/FeltTip/sick.png"&nbsp; class="smilie" loading="lazy" alt=":sick:" title="Sick&nbsp; &nbsp; :sick:" data-shortname=":sick:" /></blockquote>

[QUOTE="island1fox, post: 816349, member: 4816"] brett636, I have already posted on this subject but it would be worth everyones time to do their own research. I agree the next generations will suffer because of the debt. I also firmly believe that the major changes and hurt will be seen by all of us in the very near future. No one is paying attention to the rest of the world(excluding the U.S.) from regular talks and a formal meeting of replacing the dollar as the "worlds currency" The U.S. has been printing money --diluding the value of the dollar. China has alot of our debt --but look closely --it is "short term" As our politicians fiddle --we are about to burn. I have not and I am presenely not in position to buy any precious metals such as gold or silver. Can anyone guess why Gold has more than doubled in recent years ?? Simple economics --SUPPLY AND DEMAND. Why are the super rich dumping dollars for gold and silver ?? How many of our politicians have recently put their savings in gold ? Harry Reid is not a stupid person --When he stated on the SENATE floor we must keep "funding" the Cowboy music festival in Nevada --was he crazy --NO--Harry as well as Michael Moore, muti-millionaires, liberal press --want to convince us the dollar will never be replaced --there is no debt problem The talking point is "future generations might be hurt" If our Trillions of Dollars of debt is not dealt with in the next two to three years -China with reduced U.S. debt, Russia, Japan , Opec and the rest of the world will dump the dollar. I suggest everyone research "the lost decade in England" The only difference will be that the U.S. has and is envied and hated throughout the world. England survived after the currency was replaced only because the world took mercy on them and Thatcher did her thing. We will not be so lucky.:sick: [/QUOTE]

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