I’ve been hearing predictions of a financial collapse for a long time now. It seems that every few months, a new “expert,” either real or manufactured for marketing purposes, is making their own prognostications about our economy and none of them are good.
I’ve even made a few of my own, based upon my own understanding of our country and its economy, later fining that my understanding isn’t as great as I think.
Nevertheless, the sheer volume of reports about our country’s economy going down the tubes tends to lend credibility to the possibility. Of course, we have to watch out about accepting repetition as grounds for proclaiming something as true. After all, if we believed all the polls and pundits, Hillary Clinton would be occupying the White House now.
Using the past economic collapses as an example, we can see that people’s lifestyles changed dramatically. Even those who managed to keep their jobs and businesses have to make radical adjustments in their lies, just to be able to survive.
There is no reason for us to think that things will be any different here in the United States, than they were in Argentina; in fact, they could very well end up being worse.
The reason I say it could be worse is that there will be nobody to bail out the United States, as has been done with other countries. We know from the 2009 housing collapse that anything negative that happens in the U.S. economy has a worldwide effect.
Since other countries will end up suffering as well, there is no way that they will be able to help us.