Trigger Mike Posted October 9, 2013 Share Posted October 9, 2013 No matter how many people become convinced the sky is falling and all is ending, and no matter how loud they get repeating it over and over, it likely is no where near what they thought. Think back to just a few years ago. Housing was collapsing. Banks were going under right left and center. Society across the globe seemed to be hanging by a thread. Some people jumped off tall buildings or other forms of self inflicted demise. The stock market channels were spreading fear like free Kool-Aid. Markets were falling 800 points at a time. cash in some banks was worth less than the face value of the amount held. We are still here. We survived. The world did not collapse into total chaos. think Y2K-folks hoarded cash and gas. the world was going to end. bunkers were built. dry goods stored up to last for years. we survived. Y1K-yes they thought society as they knew it would collapse. They too survived. 1979-The US defaulted on their debt.3 different days. The nation lived on. We had to pay higher interest rates for a while after that, but we need higher rates right now anyway. We can survive a default. It's not like the world will suddenly dispatch troops to steal our gold out of Ft Knox. The world will wait for their money just like they did when other nations have defaulted or got into too much debt. Think about how many times our own finances were in dire straights. No funds and bills due. God blessed us to come thru it. We made it. Link to comment Share on other sites More sharing options...
Cliff Hanger #3720LR Posted October 9, 2013 Share Posted October 9, 2013 They have to wait for their money...there's no gold in Fort Knox. ;^) Not for years. Link to comment Share on other sites More sharing options...
Tom Bullweed Posted October 9, 2013 Share Posted October 9, 2013 Nearly 50% of people living in the US are dependent on the government providing the very food they eat through SNAP, school lunches and such. Nearly 70% of mortgages are underwater or have homeowners who make less than they did when they bought their homes. Averages salaries in the US have declined 10% since 2007 (versus inflation). We are not seeing the dynamic earthquake mentioned by runaway media, but we are and will continue to see an erosion of wealth in this country due to high taxes, fiat currency and the people's willingness to be taken care of by a government hellbent on gaining more power. This is no less dire than the meltdowns that the media thrives on warning us about. Link to comment Share on other sites More sharing options...
Caliope Cupcake #13981 Posted October 9, 2013 Share Posted October 9, 2013 all efforts to make us more dependent Link to comment Share on other sites More sharing options...
Utah Bob #35998 Posted October 9, 2013 Share Posted October 9, 2013 Life is full of challenges. Link to comment Share on other sites More sharing options...
Badger Mountain Charlie SASS #43172 Posted October 9, 2013 Share Posted October 9, 2013 But we got Twinkies back! Link to comment Share on other sites More sharing options...
Forty Rod SASS 3935 Posted October 9, 2013 Share Posted October 9, 2013 Chicken Little was an optimist! Link to comment Share on other sites More sharing options...
Hardpan Curmudgeon SASS #8967 Posted October 9, 2013 Share Posted October 9, 2013 Chicken Little was an optimist! So was Murphy... Link to comment Share on other sites More sharing options...
Caliope Cupcake #13981 Posted October 9, 2013 Share Posted October 9, 2013 pessimist [Murphy] Link to comment Share on other sites More sharing options...
J-BAR #18287 Posted October 9, 2013 Share Posted October 9, 2013 The best explanation of debt ceiling/default I have read yet: http://www.foxnews.com/opinion/2013/10/09/mr-obama-if-washington-cant-borrow-more-money-it-need-not-default/ Link to comment Share on other sites More sharing options...
Hardpan Curmudgeon SASS #8967 Posted October 9, 2013 Share Posted October 9, 2013 pessimist [Murphy] Naw, CC.... Things are goin' a LOT worse than Murphy would've predicted - that makes him an optimist in the grand scheme of things as they come to pass. Link to comment Share on other sites More sharing options...
Noz Posted October 9, 2013 Share Posted October 9, 2013 Is that a new avatar for CC? Looking good! Link to comment Share on other sites More sharing options...
Seldom Seen #16162 Posted October 9, 2013 Share Posted October 9, 2013 On the other hand there is the little boy that cried wolf. Link to comment Share on other sites More sharing options...
Forty Rod SASS 3935 Posted October 9, 2013 Share Posted October 9, 2013 Yeah, but there really WAS a wolf. Still is one. Link to comment Share on other sites More sharing options...
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