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alstry (< 20)

What Happens When The World Is Broke?



April 28, 2010 – Comments (5)

Does stock analysis even matter?

What are property rights when the government that gives you those rights is broke?

Is the currency....which is simply a debt instrument from the government worth anything?

Are the banks even functional they are simply collections of financial instruments of various government certificates?

How does one country establish a currency conversion when all countries are broke?

How do you pay with gold and silver over the internet?


WELCOME TO THE DIGITAL AGE................................Where knowledge is power.

5 Comments – Post Your Own

#1) On April 28, 2010 at 6:03 PM, alstry (< 20) wrote:

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When everyone is broke.....and you are the only one with a farm growing food......and the government's soldiers are you think your little gun is going to stop them?

Alstrymous has a better the convulsions begin.

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#2) On April 28, 2010 at 6:06 PM, MikeMark (29.03) wrote:

MikeMark's answers:

Yes, but maybe now is a good time to own physical assets.

That's why you have the right to keep and bear arms.

Yes. It is always worth the paper it's printed on.

Sure, if you can borrow paper to buy a good asset.

You use gold, silver or some other accepted asset.

There's only one reliable way that I know of: allows you to pay with gold or silver from anywhere to anywhere (with the caveat of having a holding).


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#3) On April 28, 2010 at 6:15 PM, MikeMark (29.03) wrote:

I have one small question: what makes you think the world is broke?

As long as people work at the right things the world cannot be broke. It is possible for the government to be broke or for many individuals to be broke and even for many to go hungry or starve. But some survive. Some thrive.

It may be that men's prevalent systems in place are broke, but not the world.

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#4) On April 28, 2010 at 9:22 PM, alstry (< 20) wrote:


Your last comment of your last comment could have been one of the most important comments in CAPs history.


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#5) On April 29, 2010 at 1:27 AM, oshiri (< 20) wrote:

"one of the most important comments in CAPs history."?

     And here I thought my Alstry obituary was :-(

     Dunno if the Photoman has ever talked about a 1980 futurism class he and I participated in. I can't quite remember if'n he was actually there with me, but most 2000+ events were pretty obvious then, were discussed at length, and have played out. Keeping in mind that most of us were baked of course.

      For those that are unaware, 1979 marked the height of high school drug use. We certainly did put the "HIGH" into high school :^) 

     So as we move toward large casinos in most major cities; legalized marijuana; marriage between a man, woman, aunt, cousin, and goat; you get full cooperation from those that have given up (the "yah, whatevers"), but not those that have to pay for it.

      Casinos, drugs, and divorce generate a tons of money, but its "Never Enough" (thank you Robert Smith). Eventually the responsible grown-ups are left paying the majority share. That's HOPEFULLY most of you Fools.

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