debt

This thread is somewhat related to the "BUYING RURAL LAND" thread (THANK YOU Katie Rose!!!), as that is what my family would like to do, but I think this warrants its own thread.  I have been thinking about doing exactly what that thread is talking about for the last year or so.  Since "awakening", my family and I have been preparing the best we can with the assets we have.  We have a silver stack (reasonable for a middle class family recently "awakened"), a couple months worth of food, appropriate self and home defense weapons, CCW permits and t

Moving a discussion over from Pailin's Trading Corner. Here you can discuss the merits or demerits of entitlements and whatnot. Please try to stick to issues instead of personal attacks if you can, otherwise, have at it!!

Curious what you all think about this subject, given the current economic conditions. So the US is devaluing the currency, hoping to pay off their debts cheaply. Should we do the same? Should we let the US completely destroy the dollar first, and then pay off all of our obligation with cheap dollars, once the currency is sufficiently devalued?

Nigel Farange is the a British MP who tells it like it is. He's among the latest interviews on King World News. I recommend you take the time to give him your ear.

Before you do, have a look at 2 powerful clips. In this 1st one, he scolds the big-shot Euro chiefs in the European Parliament. Background: he's among the bunch of politicians/economists who were called "Eurosceptics" i.e. they did not believe that countries with less economic discipline etc should/could be part of a European economic grouping. YOU WILL LOVE THIS.

Allright, i don't know if i'm alone in this, but i think this is pretty darn significant. We all know QE3 will come around one way or another, sooner or later. But one thing in certain, it wont come unless the debt limit is raised. They might very well rename QE3 and try to sneak it in through the kitchen door, so i'm thinking that the debt limit being raised is the final "go" signals on the PMs and mining equities. All i know is i wanna get my longs in before it happens 's all.