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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Gary Mohilner who wrote (17473)	2/9/2009 11:12:19 AM
From: Riskmgmt	Read Replies (1) \| Respond to of 71456

<< guess all I'm saying is we should certainly be concerned with debt, but it's not the end of the world. 100 years from now if humanity's still around they'll probably have a dialogue that's very much like this one, but the wealthy people will be quadrillionaires, trillionaires will be doing okay, billionaires will be middle and lower class and millionaires will be on welfare.>> Gary, found little to make me smile until i read that, thanks. Millionaires on welfare may well happen but it makes me chuckle just to think of it, maybe like you, I remember when every one wanted to be a millionaire. Expanding your theme 100 years from now a medium home will cost a 1/3 of a trillion dollars, except in California where they are 2/3 of a tril. Wonder what the average SS payment will be for retires $100,000 a month? Then again in 100 years we should have perfected robots to where they can take over all the labor/production/distribution costs and clones to be your dream/perfect mate. Utopia, unless we still have investment bankers and wall street firms packaging exotic financing packages and selling them to extraterrestrials. <gg>