Quote:
Originally Posted by KSig RC
Context is important here - it's weak compared to its historical strength, but it's not like Lira in 1995 or anything.
|
I don't anticipate the dollar reaching
that level of worthlessness, but it is certainly sliding. Things are going to get worse for us, but we have safeguards in place to avoid another severe depression. Let's hope we, as a country, wise up and learn how to sacrifice and practice self-discipline.
Now's the time to do whatever possible to get out of debt and start saving money. I recently heard that we're about to start experiencing massive auto repos (kinda like the house foreclosures). People need to open their eyes and stop lying to themselves.