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To: UnBelievable who wrote (178959)7/10/2002 9:40:10 PM
From: yard_man  Read Replies (2) | Respond to of 436258
 
>>I do not expect the standard of living will drop to anything near that currently experienced by the overwhelming majority of people living on the planet at the current time.<<

Perhaps that will be true, but perhaps it won't. Every time I go into the local WMT, I ponder the sheer variety of goods available for purchase there -- under one roof -- something everyone takes for granted. What if one day such an access to such a variety of goods can't be had at any price locally??

Don't say impossible -- it isn't. More than likely, debt implosion won't be the ONLY story for the next few years.