More and more I see people predicting gloom and doom and if you believe them it is unfortunate.
Let me tell you about myself in 1980. I was one of those who believed the U.S. economy would collapse. I was in the mind frame of a survivalist. The unemployment nationwide in the early 1980s hit 10% which it hasn't done but once since then when we were in the midst of the Great Recession a few years ago.
But, what I got wrong is how important the U.S. was to all the developed and developing countries on earth. At that time after the Bleeding out financially Viet Nam War of all of America's resources I thought it meant our economy would collapse. But, what happened instead is countries that were not in the Viet Nam War loaned us money here in the U.S. and we were just fine by about 1985 to 1992 when Clinton took office. But then, when Bush got in and 9-11 happened we were totally screwed once again and the Great Recession showed us that.
Will we collapse in another Great Depression eventually?
I don't think so because the rest of the world would be so awful that they would do almost anything to prevent a U.S. collapse right now because literally we are the only Game in town.
So, people who tell you the economy is going to collapse might be selling you a bill of goods.
Unless they are trying to create an economic collapse in order to profit from your suffering.
Something to think about.
To the best of my ability I write about my experience of the Universe Past, Present and Future
Top 10 Posts This Month
- Because of fighting in Ukraine and Israel Bombing Iran I thought I should share this EMP I wrote in 2011
- Historicity of Jesus-Wikipedia
- Holiday Fire in Goleta: 19 structures destroyed: 80% contained: evacuations lifted
- CAVE FIRE EVACUATIONS TO BE LIFTED WEDNESDAY
- US intelligence officials make last-ditch effort to sound the alarm over foreign election interference
- "There is nothing so good that no bad may come of it and nothing so bad that no good may come of it": Descartes
- 6 inches of Rain hit Santa Barbara tonight according to Weather Channel
- most read articles from KYIV Post
- Keri Russell pulls back the curtain on "The Diplomat" (season 2 filming now for Netflix)
- I tried to get a copy from France from French Wikipedia but it just took me back to English Wikipedia:
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment