Quote Originally Posted by Echonova View Post
Partial collapse? If America goes, who will (or can) save us??? Don't misunderstand... America will still be here (I'm not THAT crazy). But financially as a country we are headed down a road that only leads over a cliff. More over, for the righteous indignation of the selfish generation that has been raised, will make sure of it.


So while macro-economic theories still hold water, most people will be just looking for food. Never fear though... Our Government is sure to take control of the emergency and implement measures "for our own good".
The world has tied into the US economic system. The US is still the world's strongest ecomony by far. Even with a partial collapse, the entre world would suffer the same, and the US would recover more quickly than any other nation. Just look at the housing bubble, that is small scale. The better areas lost less value, and recover quicker.
Holding onto paper money is one of the worst ideas - it makes no interest for you, and it is one of the easiest things to devalue. Gold is so high, that it has only one way to go - down in value.

Look at history, specifically the Great Depression. IF we came to that again, look at what was of value - land and purchased goods. People grew their own food, but would trade their land in small parcels for goods that they needed. Notice that it was only about 10 years - that is a short time in the stock market. Invest in undervalued items - anything that is likely to go up in value and become more desireable.