Hi guys, Barry in DR here. Have you really thought about what will happen when the bubble actually bursts? What do you think will happen when it becomes abundantly clear to the masses that no one can fulfill all the socialistic promises made by pandering politicians over then last few decades?
I suppose one scenario is that the sheeple will sit back idly and take the “medicine” for all the mismanagement and broken promises of the government officials, bankers and corporate behemoths…… OR
Maybe what is happening in Brazil right now is a more realistic scenario? For many of us, it might seem a bit far-fetched that up to a million protesters are hitting the streets to protest a fare hike in the public transport system, or to protest an unresponsive or corrupt government, or to protest government spending on the World Cup. Surely that kind of thing could never happen in the US, or Canada, or Europe. COULD IT?
Absolutely YES it could. When people finally lose hope and faith in the “system” there is little left other than take to the streets to seek relief. I tend to agree with the sentiments expressed in this article, Rising Tide of Civil Unrest, on the Armstrong Economics blog. To sum it up:
The degree of civil unrest is so widespread it is only a question of time before it hits the USA. With the amount of people on the streets in Brazil, one would think, in a Democratic government of the people, leaders should pay attention. NEVER! Instead, the government has declared outright war against its own people. The key as to when will this wave of civil unrest hit the USA is tied to the economic downturn in 2015. People do not rise up until they have no choice. We will see government launch an all out war against the people and blood will flow in the streets precisely as we see in Brazil. This is what Homeland Security is all about – protecting Americans from Americans – buying 1.6 billion hollow point bullets that are illegal in war and buying tanks for DOMESTIC use. They do not need tanks for terrorists. There just aren’t that many who would need to be confronted on the streets.
If citizens of Brazil can finally reach the breaking point over transit fares, just imagine what an otherwise pampered population in the US might do when the dollar finally collapses and social benefits like food stamps, welfare, social security and medicare finally grind to a halt. Could it happen? Could the government really refuse to honor its “promises” to the people? Tell me what you think in the comments below. If you want to take a peek at the future, watch this video.
I am afraid that it not only CAN happen, but in some form, WILL happen. Maybe they don’t cut off the benefit pipeline… instead maybe they just water down the dollar to the extent that the same result happens. That would certainly be the approach that would “fool the people” the longest. BUT even that will end up in a day of reckoning. A day where vast majorities of people simply give up and take to the streets and do whatever it takes to provide for their families.
I think you have to agree, when that day comes, as it will, that your family would be better off watching safely on the sidelines…nestled away from the easy reach of the crowds and the cash starved politicians.
As you know, we are sitting this one out down in a quaint little village on the north coast of the Dominican Republic. It works for us. Maybe it will work for you. Or maybe you would prefer some other escape hatch for your family. But trust me, having lived through two monetary/government collapses, you do not want to be in the thick of it or within easy reach of the strong arm of the government when the crap hits the fan.
Busy week with a large group of visitors on this week’s free Discovery Tour. Hope to meet you soon. For now, it’s Barry in the DR.