If the US collapses what happens to stock ownership?

[wee man]

Quote from Swan Noir:

I am not a believer in this utter collapse scenario but if these conditions exist the only things with more value than the gun and sufficient ammo are tanks with ammo.

The gun gets you food and water a lot quicker than the food and water get you the gun.

You are one sinister indifuckinvidual my man!

 

[jprad]

Quote from Swan Noir:

I am not a believer in this utter collapse scenario but if these conditions exist the only things with more value than the gun and sufficient ammo are tanks with ammo.

The gun gets you food and water a lot quicker than the food and water get you the gun.

I agree that there's always going to be someone better armed then you.

But, I completely disagree on your last point, a gun is not more valuable than food and water.

Excluding robbery at gunpoint, or tank barrel, someone who has plenty of food and water will gladly trade some for guns. However, if their supplies are sparse, no way.

 

[MohdSalleh]

then there would be hell and many people would surely be hounding for my blood given i am a minority. I will definitely be prepared for ethnic pogroms

personally i will stock up on guns, ammo and alcohol

 

[steve.larson]

Quote from Sam Mcgee: Companies that are diverse and have a lot of international holdings would probably fare better through a crisis.

Definitely.

If you own 1% of a company, before a currency collapse, if the company is stable and survives the collapse, you still own 1% at the end of the crisis.

Generally, yes, this is true. However, please note that you're qualifying it by saying:
A ) IF if the company is stable...
B ) IF it survives the collapse.

To this list we might want to add two additional qualifiers:
C ) IF your broker is still in business (because he is the one who holds your stock in a street name),
D ) IF the company won't print another 100,000,000,000 shares, and thus dilute your ownership from 1% to 0.0001%, just to raise some cash, at your expense.

 

[Swan Noir]

The circumstance as described is chaos. Not only do I not exclude armed robbery I assume that within days it gets to shoot first and ask questions later.

Again, I have no belief that any of this will happen. But, IF IT DOES HAPPEN, do not believe anyone will trade guns for food and water unless you have your own guns and can assure a trade that "clears regular way".

Let me spell it out: The armed party against someone with only food and water ends up with it all -- food, water and the gun he walked in with. If you are lucky you end up with your life and then you go and look for your own gun.

Quote from jprad:



Excluding robbery at gunpoint, or tank barrel, someone who has plenty of food and water will gladly trade some for guns. However, if their supplies are sparse, no way.

 

[daytrader117]

Half the world will die of the swine flu first.