Friday, September 18, 2009

What if the dollar collapses? - (Tin foil hat mode on)

Hyper inflation due to collapse of the dollar is a real possibility over at least the next few years. If it happens, the dollar will completely collapse and it may take the government with it. If this occurs, silver, gold and ammunition will be the primary "currency" of barter.

We are very close to a total economic collapse now. With the dollar as artificially propped up by the Fed monetizing the national debt, it would not take much to initiate the collapse.

THIS IS A REAL POSSIBILITY!

The ramifications would include a total breakdown of:

  • The food production and supply chain.
  • The banking industry.
  • The entire transportation infrastructure IE: land sea and air.
  • The medical infrastructure.
  • The public communication system (phones, cell phones, Internet, etc).

Really think this through. I'm not sure if today's society could endure a multifaceted calamity like this without coming unraveled. Those who live in the heavily urbanized areas will not have access to food, fuel, water, sanitation or communication. Those who can, will be pouring into the surrounding countryside under the illusion that they will find sustenance and safety. There will be rioting and looting almost everywhere. Food and clean water will become scarce within a few weeks of the collapse. Medical care will be reduced to basic first aid. Consumable medical supplies will be used up very quickly. Life sustaining drugs like insulin ans heart medicine will be gone in the first few months. With no police force to speak of, crime will run rampant. Armed citizens will have to defend them selves from roving gangs.

I can only hope that I'm wrong, but take a really close look at what's going on around you. I don't have a solution. I'm not even sure that there is a solution. I guess only time will tell.

1 comment:

Stan said...

Do you read James Kunstler (www.kunstler.com)? He has been sounding these themes for some time. Of course many others have as well, but he does it with a wry humor that makes for a good read at times (publishes commentary every Monday). He also wrote a good book called "The Long Emergency" about the end of the availability of cheap abundant oil, and the fallout from that situation. Also Google Nicole Foss...