Thread: Economic impacts on politics.

Originally Posted by Crocodile

I think our thinking is next to useless as the thinkers you mentioned have already thought their thoughts through rather thoughtfully...

At the national and international level, our thinking about what should be done, is just as you say. But what we should do at a personal level is quite another matter. People can do things to save themselves. I suppose the bankers would just as soon that we didn't do that either.

Originally Posted by Seraph

But what we should do at a personal level is quite another matter. People can do things to save themselves.

There are some things that could be done at a personal level under certain conditions. Should the conditions change, so the value would change. Money is just a means to transfer value under certain conditions. At a personal level, never trust any money in the long run. If you dislike USDs, exchange the current value of your USDs for the real estate or raw materials like gold. However, should the communists win the tomorrow elections, they would expropriate your real estate as much as your gold (to help those in need, of course, or whatever). Or, if tomorrow's government would decide to build a nice monument on your real estate and declare that place 'historic' or something like that, you would be obliged under law to hand your real estate over to the government for whatever price they see fit.