I see an economic diasater coming...

[triffid]

Another link to Martin Weiss about money reform in the USA.Lots of good articles related to the USA money crisis. http://www.sounddollarcampaign.com/  triffid

The Campaign for a Sound Dollar was created for a single purpose â€" to secure a balanced federal budget by 2020, and keep it balanced into the future.We're a non-partisan movement for restoring financial sanity in Washington. Building on the Legacy of J. Irving Weiss and the Sound Dollar Committee of 1959 ... we are demanding that Congress balance the Federal Budget by 2020 â€" two presidential terms from the next election.
In addition to a real balanced budget â€" not the smoke and mirror kind â€" we are demanding that Congress reduce deficit spending by 11.3% each fiscal year through 2020.
We believe that a debt-averse Congress â€" held accountable by debt-averse Americans â€" will bring back a Sound Dollar ... and renewed prosperity for America!

[triffid]

This marks the second year in a row that the Social Security system is taking in less money than it's paying out.So SS is already not taking in enough money to offset money flowing out,Never mind that happening in 2017.Its happening now!

[triffid]

The only two recent pieces of legislation Washington has passed each resulted in EVEN LESS money going into the Social Security program!
Oh sure, they gave these laws big, happy names. And that was on purpose ... because if they had named them appropriately, millions of Americans would have been storming the Capitol with pitchforks.
The first one, called the "Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010," was signed into law by President Obama on December 17, 2010.
The second one, called "The Middle Class Tax Relief and Job Creation Act of 2012," is basically a continuation of the original legislation and was approved by Obama on February 22.
The basic idea was simple: Stimulate the economy by putting more money back into all our pockets. You know, good-old fashioned tax cuts.

[triffid]

Hey, who in their right mind would argue with that, right?
Except for one little problem: The tax they cut is the amount of money today's workers contribute to Social Security.
So this new law is the same thing as telling you to withdraw some money from your 401(k) and go spend it now to get the economy going.
Sounds like a great idea for the next couple months but it will be absolutely disastrous over the long-term ... especially if your 401(k) is already running on empty.
Haven't our elected officials learned anything from the last million times they raided the Social Security trust fund?
It's the very definition of insanity â€" doing the same thing over and over again and expecting a different outcome each time!In my opinion, all this points to one simple fact: Politicians are so concerned with getting elected (or re-elected) that they'd rather keep stealing more money right out of our national retirement account and worry about the consequences later.
So when they're asked about it on national television, they simply brush the issue under the rug, smile for the cameras, and move on to the next topic.
Best wishes.

[the_big_m_in_ok]

In Brazil in 2004

Ultimately, inflation exploded to over two
thousand percent. That’s when the government got
so desperate it summarily froze everyone’s bank
accounts and confiscated their savings.
One computer programmer said: “Sure, the
government eventually gave us all our money back.
But they replaced the old, nearly worthless
currency with a new currency that was worth even
less. Millions who had savings wound up with
virtually nothing.”
And all of this was only a small part of the
want and humiliation the people would suffer. In
the end, the people were doomed to decades of
intense financial pain, shame and lost personal
liberty. Unbelievable? Well, I can assure you every
one of these stories is true .

Triffid, concerning your posted Reply #3101,

This...

http://www.moneynews.com/StreetTalk/Massive-wealth-destruction-economy/2012/07/24/id/446424?PROMO_CODE=F8E7-1

...can bring about the conditions you, I and others have written about on this thread.   The economy will indeed collapse.

I'm ready, even though I live in a large city on the West Coast.   Good luck to all who've read and replied comments on this thread.   We may all need the luck to survive.

--Lee