American Economics Thread

GodRektsNoobs

Junior Member
Registered Member
EROEI is the root of the issue...
The gap will only widen as energy becomes more scarce...

Once USD goes to zero in 18 months most Americans are going to go camping against their will, those will be the lucky ones
Sorry, but you sound like those "China will collapse in 23 days" people. Let's be realistic here. No, USD will not go to zero in 18 months. Yes, US is declining, but it won't collapse like USSR unless its elites collectively decide to abandon the union.
 

9dashline

Senior Member
Registered Member
Sorry, but you sound like those "China will collapse in 23 days" people. Let's be realistic here. No, USD will not go to zero in 18 months. Yes, US is declining, but it won't collapse like USSR unless its elites collectively decide to abandon the union.
Back in the 80s you could work a full time cashier job right out of high school and buy a house, car and support a family...

The infographic someone linked to now shows in Dallas to pay for one bedroom rent now takes more than 100 hours of work a week at minimum wage

What do you think is going to happen once the USD is no longer global reserve currency? Right now US standard of living is still propped up by the rest of the world...

80% of all dollars in the US history that has ever existed was printed in the last 3 years.

The writing is on the wall
 
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