"My uncle came over last night and wanted to borrow another $40.00 until payday. He has kids and he really needed it to buy gas and a few groceries. Forty dollars might not seem like a lot, but over the years he has proven that he can't live within a budget. Sure he pays me back a little at a time, but never the full amount. I'm also starting to get a little concerned about his ability to pay."
I wish that more people had posted a comment and voted, but the majority of the votes didn't think that I should loan my uncle any more money. Monsoon Matriarch even wanted to send food relief!!! I loved your comment, and spirit. Harry would be the sole investor in the emerging markets.
Folks, this is how the world is viewing the USA economically. They don't want to loan us any more money, and they know that if they do, they won't get the full amount back. There is no way possible for the US economy to stay on the same course. The death knell for the green back will be when China and the other governments decide that they want to sell all of those IOUs, and cut their loses.
Once again, this is not going to end well for us. I say us, because we are going to be the ones to suffer rather than the politicians in Washington. The average net worth of a US Senator is $14 million and the average net worth of a Representative is $7.5 million. Do you think that they are going to watch their kids go hungry?
The latest showdown in Washington is no better than when someone owes you money, and they start dodging your calls. I hope that everyone saw what happened in Louisiana with the EBT cards, now imagine that on a national level. The
Roman U.S. citizens are not going to be happy when the bread is gone and the circuses are closed.
Keep Right On Prepping - K