| theprof00 said: Oh, boy. Things aren't nearly as dire as you think. Housing market is trending to rise this year. There's a turnaround coming, and with that, the rest of the world will lift. |
No. Things are, in fact, much worse then what you want to believe. It is only a matter of time until the Dollar, and all other paper currencies not backed by anything, will fail. You can look back to any time in history and see this. The fact is, that when you base your currency on a perception of value instead of actual value then the currency will continue to lose its value over time until it really isn't worth anything, except for its weight in paper. This is exactly why we need to go back to the gold standard, because gold always has value and that will never change. You can't produce more gold from thin air like you can with our fiat dollar. The government counterfeits every day and that is OK, but if we ever tried to do so it is illegal? Oh, and once the dollar fails it will be immediate with no real forewarning and everyone will be left wondering, "What happened?"....
I do have hope that Ron Paul could change things, but it may already be too late. :/
Nintendo still doomed?
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Nintendo ID: Mako91 3DS code: 4167-4543-6089
