Reply #1: don't forget deflation in the happy talk [View All]

[RainDog]

since prices for things are falling, this is the worst possible scenario - any debt that anyone has will be paid in dollars that are worth less than the debt it purchased.

I do not know what happens beyond the knowledge that people find ways to survive.

I'm currently in "play the fiddle while the Titanic sinks" mode myself, since I have no idea how the future is going to play out (maybe that other liner will see the distress signals, maybe there are enough life boats...who knows.)