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Author:

LongTerm CapGains

Subject:

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Date:

10/24/15 at 7:19 AM CDT

 

 

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Reply to:

MSG`#3044,`10/23/15
By Jam ok

 

Re: De-dollarization trend continues

Jamok,

Unthinkable indeed.  With the exception of the civil war, this country has had a history of civil activism, something that is mostly dormant. We have seen it flair up in the past 18 months with events involving the police and blacks. 

Given the onerous future we could easily face, it could stair up a lot of unrest in the country. It would be a sad day if and when something so tragic as a revolution were to be the result of our leadership's and citizenry's inactions.

In Greece, the crisis was greatly mitigated by the fact that there is a safety net.  They still have/had plenty of pensions and social medicine. That safety net prevented what could easily have resulted in widespread revolt and violence.

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