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Monday, January 28, 2013

The end of the world in debt-Not

http://moneymorning.com/ob/economist-richard-duncan-civilization-may-not-survive-death-spiral-3/

The question is improperly phrased.  The question is how can we survive a collapse of the current economic situation without manufacturing.
With manufacturing our banking system can collapse and be replaced with another.  Without manufacturing, we will not be able to buy from anyone else what we need to keep going nor will we be able to fight them off.
There are insurrmountable challenges out there (with todays limited technologies), but this is not one of them.

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