Dawg, I hate to break the bad news to you old thing - but the US is bankrupt and has been for yonks -
Correct, The US is out of money and has been for sometime. We are literally living on borrowed time that the next generations will inherit and be expected to pay back this gigantic debt. There will however eventually come an end to BoPeep's entitlement Socialist welfare state including his unsustainable Obama Care. There will be an end to free phones and free stuff including Food Stamps, Section 8 housing , Social Security and welfare checks for some 190 million Americans.
But the next economic collapse will make the last one look like child's play and there will be no recovery this time because our money will then be worthless even on a global economic scale. The US dollar will not be the world standard any longer and we all will be faced with just trying to survive and having enough to eat. It will be a time of great civil disobedience on a scale even the government will be unable to control. Your money and your savings will not be worth the paper it is printed on.
This will all be due to politicians like Bush and Obama who actually believe we can spend our way into prosperity. This is an absurd notion that is laced with delusional beliefs based on years of lying and corruption inflicted on the American Taxpayer in an attempt at self perpetuation and power. The insane socialistic mantra of spreading the wealth will become exactly what it really is, because then there will be no wealth to spread.
The banking system will collapse, many businesses, corporations and industries will close their doors. There will be no food at your local grocery store, no fuel for your automobiles and no electricity to power your home. You will literally be on your own, money will no longer mean power and we will all be dependent on our own ability to survive and sustain yourself by any means necessary.
This has happened before in Germany when it literally took a wheelbarrow full of money to buy a loaf of bread and an entire nation was faced with total and complete economic collapse. It is coming and anyone who does not believe this cannot happen is as crazy and stupid as Obama is. Lies and blame then will not make any of us have any confidence in our government or our corrupt and dishonest leaders. It will then be a lesson to late for the learning.
Millions will die of starvation and exposure. Only those who have prepared for and are equipped to sustain them selves will survive. It will literally mean every man for himself and many will die. You may think what I am saying can never occur but can you afford not to prepare yourself just in case it does. How much longer do you actually believe we can go on borrowing money and not paying it back? How much longer are you willing to believe the lies and deceptions our government bestows on you almost daily.
The only reason it has not happened already is because we have the ability to print our own money. Those printing presses have been making money as fast as they can print now for years, nothing backs up this fake money except our corrupt and dishonest government. Our government spends far more than it takes in. How long could you or your family live if you were to do that?
You do not need to be an economic genius to see the writing on the wall it is common sense. Do you think or even believe Obama actually cares what happens to you or any of us for that matter? Fact is Obama only cares about Obama.
To survive and live during this economic catastrophe you will need food, water, shelter, and a means to protect yourself and your family. You will need about two years worth of stored food, a means to make and store fresh clean water, a shelter or space to protect yourself from the elements and you will need means to protect yourself and your family as well as these things, there will eventually be marauding bands of people looking to take these things from you so they can survive.
Most likely you may be forced to use deadly force to sustain your life and stay reasonably safe. It will not be a pleasant time to live in this country. The most valuable thing you will need is food to keep yourself from starvation. It could be sometime before things actually get much better.
You will require some kind of firearm with enough ammunition to prevent hostile intrusion of your living space and to protect yourself and what little you do have. It will be a lot like when people went out west for the first time, they were forced to make do for themselves, there were no Wal Marts, supermarkets or drug stores. The was little if any law enforcement and almost all of them had a firearm of some type at the ready and they knew that their survival depended on themselves and no one else.
As things begin to get better you will see a new form of government arise and this time it will be quite different than it is now. Those who are in the government will be held accountable for their actions, lying could have drastic and fatal consequences and corruption of any kind will not be tolerated for any reason. There most probably will emerge a citizen militia that actually regulates the government and attempts to re establish law and order. It will take a very long time for things to recover and in fact they will never recover entirely. It will be a law less and dangerous land for a long time. This is reality, this is what people like Obama and Bush have brought to your doorstep they are the ones who lied to you and deceived you. Once the economy collapses they will not be able to help, the only person you can look to for help is yourself.