2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 386.01

+1.6%

Nov 12 4:00 PM EST

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To: Elroy Jetson who wrote (140248)	3/26/2018 5:20:33 PM
From: stsimon	Read Replies (2) of 217736

At the end of the day you have to make some hard decisions based on the evidence you have available to you. If you expect a revolution and feel you are a member of a group that is going to be put upon by the mob, then using the passport option is a good one even if you have to start over some where else. In the United States I suspect an outright revolution is unlikely, but the odds aren't zero. The debt in the United States will get repaid in one of three ways: 1) Much higher marginal tax rates on the rich at some point in the future. During the Eisenhower administration paying the high debt from WWII resulted in a top marginal rate of 92.5%. 2) Devalue the currency at a much faster rate. A 5% rate of inflation starts to reduce the debt pretty fast in real terms, as long as the debt is fixed rate and you stop going further into debt. 3) A combination of the two above. Personally, I think this is the most likely outcome. Taxes will go up enough to balance the budget on an operating basis and inflation will be let loose to pay off the debt already incurred.

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