On a practical level I would be interested in knowing what people think would be the best strategy to survive an U.S. economic collapse.
The Bush administration actions seem to be leading to a situation where the dollar will lose it's position of strength amidst rising American debt. A pullout of foreign money is said to be in progress.
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The war in Iraq and possibly in Iran will of course drive up prices on oil and an vast array of other items.
Dollars are paper. What value do they have during an economic collapse? What value does real estate have? A car" A sofa, A computer?
Would it make sense to leave the country and move to Mexico or Equador for example? Wouldn't Canada have the same collapse as the U.S?
Seymour Hersh has said that economic collapse is right around the corner and you had better start buying real estate in Italy where the Euro will have value.
What practical actions would one employ in the event that the banks no longer function or place restrictions on withdrawals?