Quote:
Originally Posted by Noah930
The question, Tabs, is what do you do with this information? It's like getting a CT scan or MRI with a grave diagnosis. OK, now what do you do with this? How do we get out of this predicament? What treatment do you start, and when?
Granted you (and we) are not a Ben Bernanke or Jerome Powell or Janet Yellin. But what do we--as individuals--do to mitigate the eventual outcome? When is it going to happen? How do we protectively position ourselves? What do you do with this information other than running around, yelling about how much trouble we're all in? Unless you've got a plan--specifically--of what to do and when, your diagnosis (even if spot-on correct) is effectively worthless.
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To think there is a solution is thinking small. How do you make the broad spectrum of the American people MC again when the circumstances that made them so no longer exist and was essentially a one time deal. How do you fix it when the biggest econ most powerful nation is insolvent.
If you do prudent things to set the ship right it destroys the ship because it is the imprudent behavior that keeps the ship afloat. It is a Catch 22 proposition.