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US Financial Collapse - What next?

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7K views 34 replies 21 participants last post by  Texas Jack 
#1 ·
Scenario: The USA can’t get anymore loans to pay for its debt. So, it can’t pay checks to employees and more. These include the following:

1) Soldiers
2) Postal Workers
3) Social Security Recipients
4) Politicians
5) Supreme Court Personnel
6) US Military Hardware Expenses; Jets, Boats, Tanks, etc

What would happen 10 minutes after financial collapse?

What would happen 10 days after financial collapse?

What would happen 10 weeks after financial collapse?

What would happen 10 years after financial collapse?
 
#4 ·
To ease the pain that obama has in store for us, i have ordered a 55 gal drum of KY and i don't mean Kentucky. :D: We all knew it had to end sometime. Total economic melt down that's what i,am looking for, not wanting it that's for sure. It's what i think they want and are planning to do to us. Can't make an omelet with out breaking a few eggs. :(
 
#7 ·
The fact is, no one knows. We can all sit around and what if this until we are blue in the face, but in the end no one knows because nothing like this has ever happened before.

America is the last "Super Power". For so long the rest of the world has looked to this nation for guidance. And only now are most of them catching on to the fact that the only guidance that ever came from it was how to drive them deeper into poverty or servitude. That is a statement that breaks my heart to say. I love this country. No, taat is not correct, I love what this nation use to be. While America has never been perfect there are happier times in our past.

I have been prepping for some time now. And my reasons for it have evolved over the years to meet the current situation. The situation we are currently in, at least in my opinion, is unlike anything ever faced in the history of man. There are many reasons for it, too numerous to list. But a couple of the major ones are that we are victims of our own success. We bought our own propaganda, hook line and sinker. We are fat and lazy. We are too connected, and at the same time so disconnected as to be laughable. We know what is happening as it happens. We sit and watch our "leaders" sell us out, give away our money, and our rights. All the while we are on the side lines Armchair Quarterbacking all their plays.

We are complacent. It is often said on this board and others that "some day something will happen that will wake the people up". What the hell more does it take? It is a sad testament to a once great nation that the people that once fought for freedom all over the world now sit back and pay lip service to their masters. The game is over and we lost.

So what will happen after a collapse? A nightmare. These once great people will on the whole turn on one another as the montra of you are special and you deserve it comes back to wreak havoc. Many will die, many will suffer and many more will go hungery. The abuses that we Americans will perpetrate against one another will make places like Darfur look like summer camp. I know what alot of people are going to say, that Im worng, that we are different. That we are not like "those" people, we are Americans.

Americans can be brutal people and there is over two hundred years of pent up pressure that will need to vent. From racial, ethnic and just plain crazy ass rage, it will all come out. Our criminal justice system is just that, justice for criminals. Our prisons are universities for criminal deviance. And that particular school has produced far more Phd's than all the others combined.

But then again I could be wrong. And it may just look like a Norman Rockwell painting. But Im hedging my bets.
 
#9 ·
It took the Roman Empire hundreds of years to collapse.

For modern smaller examples try Weimar Germany, 1990s Yugoslavia, and
modern Zimbabwe --which is still on the map and has the same people in
power it did 5 years ago.

There will be plenty of what passes for gov't authority and/or warlords at
the state and local level. Fictional scenarios where the people who currently
hold power just curl up and die are just as unrealistic as the starving inner city
masses who just curl up and die leaving those in the countryside semi-autonomous.
 
#11 ·
10 Minutes: IF, it's all of a sudden there would not be that much change, just confusion and the rumor mills will be cooking non-stop.

10 Days: Panic would be in full swing, pay-days would be missed, checks bouncing, banks closed and some violence in cities would have begun

10 weeks: Starvation, lawlessness, murders, government unable to respond, rumors swirl everywhere, hell on earth

10 Years: A new governemnt would have long been installed. The standard of living will be far less than it was
 
#12 ·
These things tend to shake themselves out with time. Some places will be
better than others. Most people will resort to bartering, a small percentage will
use violence. The violent rabid dog types will find themselves weeded out of
the population more quickly than the average person on this forum thinks.

Also, even if the fedgov disappeared tonight, most people here would also be
surprised just how quickly the state and local gov'ts would step back in to
reassert their authority. Even if this isn't possible in some locations, a local
strongman will rise up. He will then bend to the regional strongman --who
will likely be a former apparatchik of some sort (business, government, military).

This is how things worked post-Rome and it's how I saw them work in Iraq.
 
#13 ·
You know, there will be a time when Congress, the President and the Supreme Court finally realize that the First class jet ride is over, and mountains fill our windshield! They will soon have to act. I was watching Glenn Beck tonight and he postulated that very thing. We will soon realize that there will be blood in the street if we stay on the same course. At that moment they would actually do something right and start cutting government BIG TIME. Why wait?

We, the USA, simply can not sustain this spending level. Government is way too big, and it is going to hurt. But we need people that are productive making things not sitting at a computer regulating other people that are making things.

In the moment of collapse, we either go to a communist model like China, or we go for small government and start gutting the fat. TEOTWAWKI

Its time to reboot.
 
#14 ·
the dollar gets revalued . imports will stop. we will still be able to buy us made items tho some counties are worse off than us they dont make anything either, germanys in the best shape in the eruo zone. i wouldnt want a german car as the parts would be astonomical.china would crash no one to sell to.of course while all this is going on many will die starve etc. the gov would pay a extreme price from anger. yes the troops would come home . ****ed. then a big war to keep us in line or a effort to.same old brother can you spare another war
 
#19 ·
There are those of us who believe that Christ's second coming will happen between now and then. Hopefully, we will not have to go through this upcoming ecomomic event. We will all be sitting next to Christ observing from afar!
childish way of thinking IMO. Im sorry, I was a professed Christian all my life, and I am not saying that the 2nd coming is untrue or whatever, but seriously, every single generation has thought the end would come in their lifetime. There isnt a single thing that would suggest we are any closer now than we ever have been. If ANY generation had the right to assume the 2nd coming was near it wouldve been in the late 1930's/early 1940's. you had a war the engulfed the ENTIRE world... led by a man bent on conquering every other race... who tried to purge the earth of the Jewish people. If THAT doesnt spell anti-christ and the end of the world, I dont know what will. To me, counting on the rapture to take place is a little childish.

It still amazes me in any conversation, or thread, when cecessionist scenarios aren't even considered. (GardenSerf came close)
The Soviet Union broke up into its satellite states, and probably so will we.
States are always declaring their "sovreignty" to washington. Some will pull out before the economy pulls them down with the rest, if they are smart; commandeering military weaponry along the way. Taking back their State Guardsmen.
It doesn't have to be a violent withdrawal unless DC's hubris forces action.
I agree 100%. This argument has come up again and again over the years yet everyone seems to dismiss the collapse of the Soviet Union. The way I see it, an economic collapse COULD be beneficial in that the main thing it would really topple would be the mountainous pile of **** in Washington. That state governments would organize to take care of what is theres. And the states would finally.... pardon the expression... get their balls back! States already have their national guards, air guards, courts, everything to function indepenently from the federal government.

a financial collapse in the U.S. would probably be one of the best things to happen to us. Because despite all the tin foil hats, if the governments money is openly known to be worthless, then its power and control is worthless. Soldiers do not and will not work for free, trust me, I am one. The worse the economy gets and the more ridiculous the federal government gets, the more at ease I am to just sit back, live my life, and watch it all unfold. They are propogating their own demise, and I find it so delightfully wonderful to just smile and watch :thumb:
 
#18 ·
It still amazes me in any conversation, or thread, when cecessionist scenarios aren't even considered. (GardenSerf came close)
The Soviet Union broke up into its satellite states, and probably so will we.
States are always declaring their "sovreignty" to washington. Some will pull out before the economy pulls them down with the rest, if they are smart; commandeering military weaponry along the way. Taking back their State Guardsmen.
It doesn't have to be a violent withdrawal unless DC's hubris forces action.
 
#20 ·
Those of you looking at the current climate thinking this is the worst time this
nation has ever faced need to study the Great Depression, the Dustbowl, and
further back to the Reconstruction period after the Civil War. The South had
literally been destroyed.

I know this isn't popular with current pop culture, but those of you who
assume the local and state apparatus withers away because the larger
federal union withers away will be in for a surprise when those agencies and
people still exist and still have force behind them. They may not be dealing
in $USD, but they will have something set up relatively quickly --even if it's
based on a pair of scales and barter.

BTW, the notion that the "state withers away" is deeply rooted in Marxism.

I think a better understanding of a possible future would come from looking at
one of the older systems: Feudalism. :D:
 
#31 ·
Scenario: The USA can’t get anymore loans to pay for its debt. So, it can’t pay checks to employees and more.

What would happen 10 minutes after financial collapse?

What would happen 10 days after financial collapse?

What would happen 10 weeks after financial collapse?

What would happen 10 years after financial collapse?
10 Minutes - TV assures us all is OK,

10 days - Gov Payrolls are met (with worthless paper)
The last ship exporitng leaves China
US forces are "escorting" exports from the persan gulf

10 Weeks - Massive Inflation hits
Oil Price Shocks
Food and oil rationed / delivered by Guardsmen
The US service economy colapses
US food surplus exported for "Hard" Currency

10 Months - Texans swim to Mexico for work.
Food / Oil shortages / Riots


10 Years - Debts inflated away
Pensions / savings worthless
Goverment has 'reset' currency
US has a Trade Surplus
Chelsie Clinton announces her candidacy.
 
#33 ·
^too bad you can't sum up detroit in that cut and dry of terms. not a mention of all the corruption from Colemon Youngs tenor or Kilpatricks.

they had a good major in Dennis Archer but since the black community saw him as an Uncle Tom he gave up and didn't run again because he got tired of is people calling him an uncle tom when he was only striving to rebuild a city they had destroyed by continuesly electing Coleman even though they knew the guy was dirty.

and there are even more corrupts that have been on the city council for years.

all i'm trying to say is that Detroit collapsed for many more reasons than entitlement programs.
 
#34 ·
What's missing from all of these analyses, of course, is TO WHOM the US owes the debt. That's the key to the answer. If that answer is the Chinese and Japanese, multi-national banking interests, and future generations of taxpayers, then I think the answers are reasonably clear. Asians will be buying real estate and other hard assets, bankers will put us further into servitude, and future generations will start wondering whether the grass is greener elsewhere -- and thinking about emigration. Just as most of our own ancestors pondered 100-200 years ago.
 
#35 ·
depending on the collapse, If its a hard collapse the US may un-unify and turn into Europe, or break into 3, or so I thought till California went broke. Now the 2 strongest economic centers are the North East and Texas.

But I agree with the poster who said that no one really knows… because we know that an Economic SHTF WILL hit, we don’t know when or how, so without knowing that we can only guess on how it will play out.
 
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