@whirlibird why local iniatives can help it’s the federal / state debt and spending that will cause the collapse.
4 main incomes for USA are destoyed. OIL, weapon sales, food exports and software. Those need a stable dollar to work…. 6 trillion and going in debt for 30 days and possible 1.5 years of social distancing….. no way it will stop at 6 trillion the debt is crushing so that every dollar in tax will go to service interest only.
Does not matter locally doing OK if country currency hyper inflates better have barter items or you will get nothing for electronic or paper dollars. If you think Zimbabwe can’t happen here you are In for a rude awakening it was happening before covid19 when dollar loses reserve status USA will suffer greatly.
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This reply was modified 1 month, 3 weeks ago by
namelus.
