Topic: When will the federal government collapse in the US? - page 2. (Read 2922 times)
I think all governments in the world will try to mitigate recession and pay debts by printing more money. It will happen anywhere from USA to EU (Greece, Spain, Italy, Ireland), UK, Japan. Cross-currency ratios (e.g. EUR/USD) probably will remain the same, but their purchasing power will drop drastically.
Fascinating no contest on that the system is coming to an end...
Of course that's the result, there is no "it's not" option.
Fascinating no contest on that the system is coming to an end...
Possible definitions:
1. When the USD enters hyperinflation (100% or more per year)
2. When the federal gov default on its debt. (Includes debt restructuring)
3. When the federal gov has a truly balanced budget and is reducing debt at 5% or more per year.
4. When the federal gov is disbanded (would probably happen some time after 1 or 2 but might happen before or during)
I include number 3 because such a federal government would be something radically other then what exists today.
1. When the USD enters hyperinflation (100% or more per year)
2. When the federal gov default on its debt. (Includes debt restructuring)
3. When the federal gov has a truly balanced budget and is reducing debt at 5% or more per year.
4. When the federal gov is disbanded (would probably happen some time after 1 or 2 but might happen before or during)
I include number 3 because such a federal government would be something radically other then what exists today.
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