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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Jim S who wrote (38821)	8/11/1999 9:39:00 PM
From: long-gone	Respond to of 116762

<<I share your concerns about the potential capacity of our manufacturing system, but I am a bit more sanguine than you for several reasons. Given our state of technology and war-making capability, the US will not get into another "all out" war like WWII -- we'd go nuke first, and win or lose, the mettle of the populace will never be tested like that again. Additionally, EVEN IF we were to get into a situation like that again (which we won't), our people are far too comfortable and lazy to ever pick up the sword and defend the gates against the barbarians -- we'd rather just take whatever system wins, and hope they feed us enough.>> Jim, Sorry to call you on it, but I view each & every day as some sort of "war" or another. Remember the 70's? There were a bunch of automotive designers (& bureaucrats) cost us the "war" of much of our future auto production. Courts gave away some of out "spoils of war" in the IC wars with Japan & Korea in the early 80's. When our currency again devalues(and make no mistake devalue it will) we will once again be able to mine for minerals & drill for oil, and refine those raw materials into into goods the likes of which we can now only imagine - if we as a nation are ready for real work. We will, in this wonderful future, be able to fabricate and assemble all matter of new heavy machinery and technological goodies - if we can rise to the task as did our forefathers. These fruitful plains can again produce record food yields; And at a PROFIT the likes of which most subsidized farmers can only dream - if anyone is willing to live and work(& work hard) on those productive plains and river bottoms. I worry about our "fast & easy America", and I do lose sleep over it. Losing a war such as this might be far worse than any military takeover. rh