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On Sat, 19 Apr 2025 17:55:16 -0500, Lynn McGuire wrote:I think that financial collapse of the USA is the most prevalent future. The USA is deficit spending at 30% to 40% and the deficit is increasing. Keeping old people alive is very expensive as Medicare and Social Security costs are rising rapidly (My wife and I are the beneficiary of both).
In the not so distant future, the USA Dollar has lost most of its valueFinancial collapse is perhaps the last disaster I would imagine to
and annual inflation is running 20% per year. Gasoline is $60 per
gallon and rationed at 10 gallons per week, so is electricity. Food and
housing are comparatively expensive. The taxes have gone up including
new personal healthcare taxes and such. Many people have left the USA
looking for cheaper places to live.
hit the United States first and harder than anywhere else.
But precisely because the United States seems to be the world's
wealthiest nation, I suppose that overconfidence can lead it to
make mistakes.
John Savard
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