Not necessarily. If all out world wide warfare were to break out we would be an easy staging point for an invasion into North America. We have a fairly small population spread over a vast vast amount of landspace. On top of that we have a laughable defense budget, and very few enlisted soldiers in comparison with other countries.
#Update# November 10th 2011 It's been a couple months since I posted last, and I'm sure you all know that this still a major problem. First, here's a timeline since last time: August 12, 2011 – Italy unveils sharp budget cuts – about $28 billion in 2012 and $35 billion in 2013. The European Central Bank had demanded the cuts in exchange for supporting Italy's bonds. Interest rates on those bonds soared a week earlier, increasing investor fears that Italy could be forced to seek a bailout. August 25, 2011 – France unveils a series of cuts and tax increases aimed at reducing the budget deficit by about $17 billion in two years. Prime Minister Francois Fillon said the moves are necessitated by slower economic growth. September 19, 2011 – Standard & Poor's cuts Italy's credit rating one notch from A+ to A and keeps its outlook negative. October 7, 2011 – Fitch Ratings lowers the credit ratings of Italy and Spain, warning they could be lowered again. October 10, 2011 Belgium nationalised Dexia Bank Belgium, stricken with Greek debt.[ October 13, 2011 S&P cut Spain's long-term credit rating by one notch from AA to AA- with a negative outlook. October 19, 2011 – An estimated 70,000 people march on the Greek parliament, some clashing with police, while a general strike paralyzes Athens. Public and private sector unions criticize the government's plans to slash the salaries of public workers and raise taxes. November 1, 2011 – World stock markets plummet after Greek Prime Minister George Papandreou says he will call for a referendum on further austerity measures needed to secure additional bailout funds. After European leaders and financial analysts warn that a vote against the debt-relief would amount to Greece's departure from the eurozone, he scraps the idea, but his political position is damaged. November 2, 2011 - French President Nicolas Sarkozy and German Chancellor Angela Merkel say Greece will receive no more European bailout aid until it fulfills its commitments to the eurozone. November 6, 2011 – Greek Prime Minister George Papandreou agrees to step down in favor of a short-term coalition government whose primary task will be reaching agreement on a new EU bailout deal. November 8, 2011 – Italian Prime Minister Silvio Berlusconi says he will resign as soon as parliament passes crucial economic reforms. Mr. Berlusconi makes the announcement after he loses his parliamentary majority during a vote on a routine budget measure. Italy is the third-largest economy in the eurozone and the seventh largest in the world. But like its neighbors, it faces a potential economic crisis caused by a ballooning public debt. November 9, 2011 - Italian borrowing costs(bonds) skyrocket, ahead of bond auction. The discussion of weaker economies being kick out of the Eurozone begins. November 10, 2011 - European Central Bank buys(prints[inflates]) all the auctioned bonds. Crisis continues to spread to Europe as credit default swaps shoot up. Summary: A crisis like this is like a cancer that grows and grows if it's not dealt with. This has been dragged along for several months now with massive swings in every market world wide. After this much time you lose a lot of long term investors, companies stop hiring, and people stop buying products and because this a global problem it is feeding off of it's self. The bail out package for Greece was passed but the problem they claim it's a $1tril+ dollar fund but they don't have a 1/3 of that trillion+ so they're going around to other countries like China to borrow money with zero luck. The other part of the bail was a 50% cut on Greek bonds, which means already weak banks have to take huge losses on the Greek debt they hold, and people stop buying up the other P.I.I.G.S.(Portugal, Ireland, Italy, Greece, Spain[weak indebted economies of the Eurozone]) debt because they're scared that one of those countries will be next, making it more expensive for all those countries to borrow which is what their economies(like ours) is artificially inflated by. If any one of these countries defaults on it's debt, financial institutions world wide will all fall down like dominoes because of how exposed they are to this crisis, which will plunge the world into a deep deep depression. All in all we're pretty much f****d.
Stock up on food and water.. When shit hits the fan youll see what really has value, Food or a piece of paper that we put the value on
ah, very very interesting. you know Germany is trying to get out of the euro and create their own currency. I believe a few other countries are as well.
data:image/jpeg;base64,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 Op
They're not warning us. They are trying to brainwash us. To get used to the idea of a world war 3 in america and europe, make it seem all badass so that more people join the armed forces.
lol I cant tell if you are being sarcastic. If a financial meltdown were to occur, hyper inflation would set in and it would cost you 500 dollars to buy a loaf of bread. Your money wouldnt be worth the paper it was printed on.
Seem's impossible. I don't want to sound like a bad person but I can usually steal many thing's in a grocery store. Security would have to be bumped up pretty high to avoid mass theft. Either way I'm stoked though! Our system has never worked, about time we removed it.
Won't happen in America because China has so much of your currency. They won't allow it to be de valued to such an extent.
I'm not being sarcastic, I just don't think it's going to be THAT BAD. The economy is constantly fluctuating. I'd rather have money than no money, you're a fool if you think otherwise.
I dont think it's bad, you would probably be wise to invest at least some of your assets in precious metals or other non US backed currency is all. Just trying to give people a heads up man, I dont want to see any families on the streets.