Archive for January, 2010

is the US and its whole monetary system about to totally collapse?

that’s how it seems

We will have to hope that the steps that the Obama administration has taken the proper steps to avert that happening. The previous administration blew a tremendous hole in our financial boat that may be to big to repair painlessly. We all should keep our fingers crossed because I wouldn’t want to be right in predicting the end of the world as we know it.

IN THE EVENT OF ECONOMIC COLLAPSE IN AMERICA, what will happen to our electrical grid?

Will we still have electricity if our economy collapsed (and assumingly, society)? Will power plants still have employed workers to keep the turbines running? Will wires still deliver power to our homes and businesses? Will local electric companies continue to maintain our power lines?

This is one question of a series I’ll ask concerning a possible economic collapse. Please try to be academic with your answers! Thanks folks!

I’ve seen worst case scenarios as a health care professional. The grid remains, but, energy is siphoned away from all but major urban areas. And, energy is rotated from place to place with blackouts occurring on an announced schedule that people can plan around. We also have standing agreements with other nations for blocks of hydroelectrical power in such an emergency.

Why is the government just ignoring our huge debt crisis?

I am 24 and an economist. I am extremely frightened at the direction this country is heading, in terms of its lax attitude on the debt. Both political parties seem responsible, but the war is definitely not helping. Young people don’t seem to realize that the older generation is setting us up with a debt that we can’t possibly pay. is there any solution in sight? I would definitely appreciate any thoughts.

We can just pray that our kids are not as money hungry as the Bush generation is, I don’t think they understand how much famine they will be inflicting on this once great country, just so they can be called hero’s for cleaning up other countries, yes we are awesome for doing our part across this huge planet, but I think it is about time the government starts focusing on us Americans before we become 3rd world, then who we going to rely on? God bless the kids