How long do we have?

The #1 community for Gun Owners in Texas

Member Benefits:

  • Fewer Ads!
  • Discuss all aspects of firearm ownership
  • Discuss anti-gun legislation
  • Buy, sell, and trade in the classified section
  • Chat with Local gun shops, ranges, trainers & other businesses
  • Discover free outdoor shooting areas
  • View up to date on firearm-related events
  • Share photos & video with other members
  • ...and so much more!
  • breakingcontact

    TGT Addict
    Rating - 100%
    13   0   0
    Oct 16, 2012
    18,298
    31
    Indianapolis
    No right answer as unpredictable things will come up.

    But how long do you think we have until the economy collapses?

    How long until our government is unable to continue adding wildly to the national debt and massive austerity measures have to be enforced? If not overall budget cuts then radical tax increases on everyone except the socialist masses? Either of these could lead to societal unrest and collapse. I know most things in life happen gradually but eventually we will reach a tipping point. I dont want any of this to happen. I fear it will be horrible all around. I really hope we can restore the Constitution and fight this democratic tyranny that is taking over.

    So ill state again.

    How long until the economy collapses?

    Since our government is so big and has its hands in so much of the economy and society i didnt ask "when will the gov collapse", but it is related.

    My rough answer is 20-40 years. This is 1 to 2 generations of uncontrolled immigration, massive interference by gov in the economy, all branches of gov ignoring the Constitution, another 1-2 generations of generational welfare classes, same with corporatism where bailouts are just expected for bad business decisions oh and another 1-2 generations of public school and mass media conditioning that the Founding Fathers didnt know what they were doing, that the Constitution is meaningless and that democracy and bigger government are the answers.

    With our wildly shifting population demographics unless people change willingly or are forced to change, we will have a massive welfare state far beyond what we do now. The gov will demand more control over the economy and eventually cause it to collapse through attempting to control it and redistribute the wealth.

    What can we do about it? Congress has to defund the government and starve the beast.
     

    breakingcontact

    TGT Addict
    Rating - 100%
    13   0   0
    Oct 16, 2012
    18,298
    31
    Indianapolis
    The democrats have never seen a poor person that didnt "deserve" "help". The GOP found a way to stuff the pockets of big business.

    They are both for big gov now. Just to benefit different groups.

    With the never ending debt monetization and increasing national debt we just never have to confront reality. Thats what has to stop.

    The USSR couldn't kill us but we are killing ourselves in the name of social justice, corporate subsidies and "the war on terror".
     

    Shooter McGavin

    Active Member
    Rating - 0%
    0   0   0
    Jul 26, 2012
    857
    21
    Free Texas
    I don't have an answer for any of those questions, I do agree with your statements however. As far as societal unrest goes I think it will be just that, unrest. Though there are many that would stand up and say no more and actually follow through, I fear the many would be a minority.
     

    TexasR.N.

    Active Member
    Rating - 0%
    0   0   0
    Oct 12, 2009
    655
    21
    Rampart
    Read and understand Cloward -Piven:
    The Strategy was first elucidated in the May 2, 1966 issue of The Nation magazine by a pair of radical socialist Columbia University professors, Richard Andrew Cloward and Frances Fox Piven. David Horowitz summarizes it as:
    The strategy of forcing political change through orchestrated crisis. The "Cloward-Piven Strategy" seeks to hasten the fall of capitalism by overloading the government bureaucracy with a flood of impossible demands, thus pushing society into crisis and economic collapse.
    Articles: Barack Obama and the Strategy of Manufactured Crisis


    United States Government Debt To GDP
    The United States recorded a Government Debt equivalent to 101.60 percent of the countrys Gross Domestic Product in 2012. Government Debt To GDP in the United States is reported by the U.S. Bureau of Public Debt. From 1940 until 2012, the United States Government Debt To GDP averaged 60.3 Percent reaching an all time high of 121.7 Percent in December of 1946 and a record low of 31.7 Percent in December of 1974. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - United States Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.2014-04-10
    http://www.tradingeconomics.com/united-states/government-debt-to-gdp



    Fourth, since the yield on U.S. Treasury securities is currently considered a risk-free rate of return and as the yield on these securities increases, risky investments such as corporate debt and equity investments will lose appeal. This phenomenon is a direct result of the fact that it will be more difficult for corporations to generate enough pre-tax income to offer a high enough risk premium on their bonds and stock dividends to justify investing in their company. This dilemma is known as the crowding out effect, and tends to encourage the growth in the size of the government, and the simultaneous reduction in the size of the private sector.

    Fifth, and perhaps most importantly, as the risk of a country defaulting on its debt service obligation increases, the country loses its social, economic and political power. This in turn makes the national debt level a national security issue.

    The Bottom Line
    The national debt level is one of the most important public policy issues. When debt is used appropriately, it can be used to foster the long-term growth and prosperity of a country. However, the national debt must be evaluated in an appropriate manner, such as comparing the amount of interest expense paid to other governmental expenditures or by comparing debt levels on a per capita basis.
    What The National Debt Means To You

    While I am far from being an economic guru, I have been trying to learn as much as I can.
    How long do we have?
    3 yrs, maybe a few more depending how the shell game is played, and other economic events around the world.
     
    Last edited:

    breakingcontact

    TGT Addict
    Rating - 100%
    13   0   0
    Oct 16, 2012
    18,298
    31
    Indianapolis
    I do believe the collapse of the economy is intentional. What is very troubling to me is how the big corporations are going along with this managed decline so long as they can profit from it. Here's another thing that troubles me. In my adult life I've never had a job that wasnt with the government directly (teaching, Army) or indirectly (current job working for huge company on gov contracts as was my last job).
     

    breakingcontact

    TGT Addict
    Rating - 100%
    13   0   0
    Oct 16, 2012
    18,298
    31
    Indianapolis
    I do want to light a candle and not just curse the dark. The gov shutdown needs to happen again but be extended until our real issues are dealt with.
     
    Top Bottom