It need not be the end of the world. It could be localized to a content or portion like happened in Quebec in 1989. Could be Europe, Asia. A limited hit seems more likely than a total worldwide 1700s scenario.
I am thinking electrical grid. It could take years to replace all the transformers. It is a long shot but we are in a high intensity cycle and it has happened before. I would like to be ready with a list.
Greetings,
I am looking to come up with a portfolio of stocks that will do well if a large solar storm hits and fries part of the Grid. Companies that make electrical transformers etc⦠If a storm like 1859 hits again this would be huge. Any thoughts...
http://zfacts.com/p/318.html
Look at the charts here. Reagan and his disciples killed this country. The National Debt vs GDP was being steadily reduced from WWII through these guys. They sold this country out. None of you Reagan worshipers better say well it is the house that spends...
He wrote
"Let the system crash, then reset.
- Print the debt off completely.
- Abolish fractional reserve banking
- Return to full reserve banking."
What will this do to the dollar? Are you going to barter for interstate transportation, gas and goods?
Unfortunately this is pretty much the teaparty platform. They are a bunch of folks who see the problems but unfortunately just want to wash their hands of them rather than trying and tackle them. If his plan were put in place there would be no food in the stores or gas at the pumps. Itâs...
You guys are funny. I am so right wing you would be shocked. I guess I am just not simpleminded enough to realize be distracted by these items as even with this crap, we have some real cuts and changes to make and the fact of the matter is spending has to go down and taxes up to get out of this...
You were willing to sell our countries future for 30 pieces of silver? I guess it comes down to a basic philosophical difference if the governmentâs primary role is to keep stocks high. I donât see it that way and resent interference especially when it has led to the beginning of the end...
See Reagan's budget man David Stockman's views
http://www.nytimes.com/2010/08/01/opinion/01stockman.html?ref=opinion
IF there were such a thing as Chapter 11 for politicians, the Republican push to extend the unaffordable Bush tax cuts would amount to a bankruptcy filing.
From me...
A profitable business is buying these deficiency balances, waiting till the last possible minute to bring suit for a judgment (generally 3 â 6 years) the go after them for wage garnishments, attachments etc... By 6 years they have usually recovered financially, donât want to file...
I know. It is truly a matter of preparing for what comes next and moving neither too early nor too late. I donât think the end will come as soon as many think but it will come. There will be a reset button being hit but my guess is it starts in 10 years not 2.
Who was the last Republican to balance the budget?
the highest tax rate under Nixon was 70%, under Ike it was 90%. Once upon a time Republicans were fiscally conservative folks who knew you could only spend what you took in after you payed down debt. Then the worst president in US...