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User ID: 79735564 United States 05/27/2023 09:29 AM Report Abusive Post Report Copyright Violation | The Uncontrolled Government Spending In US It Could Cause A Recession- Lessons Americans Can Learn From Argentina’s Economic Collapse for SHTF i As America heads towards an economic collapse due to its crazy national debt and runaway spending, we can learn some great lessons about how to prepare for the SHTF (Sewage Hits The Fan) that is to come by looking at what happened to Argentina In 2001, Argentina plunged from being a very wealthy country with a large middle class to a country where the middle class all but disappeared. It was all due to uncontrolled government spending. Since the situation is so similar to what we have here in the United States today, the lessons learned are especially pertinent. The first lesson to be learned from the economic collapse in Argentina is that desperate people will do desperate things. People took to the streets protesting what they saw as the robbery of the middle class by the banks and the betrayal of the politicians. Civil unrest became a common occurrence, as people who saw their bank accounts and retirement plans evaporate suddenly had nothing left to lose. Read the rest of the article HERE [ link to prepper1cense.com (secure)] |
Anonymous Coward User ID: 73186423 United States 05/27/2023 10:49 AM Report Abusive Post Report Copyright Violation | Re: The Uncontrolled Government Spending In US It Could Cause A Recession- Lessons Americans Can Learn From Argentina’s Economic Collapse for SHTF i Recession It won't even be a depression, it will be the total collapse of the U.S. |
Anonymous Coward User ID: 82663366 United States 05/27/2023 10:51 AM Report Abusive Post Report Copyright Violation | Re: The Uncontrolled Government Spending In US It Could Cause A Recession- Lessons Americans Can Learn From Argentina’s Economic Collapse for SHTF i The answer is to give more money to the Pentagon pirates |