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| -Signs, Portents, and the Weather- |
| So your bank account's wiped out |
| 2009-06-12 |
The "upside" of an EMP, which is, for some reason, a topic I can't get off my mind of late...Or to extend the old saw: if you owe the bank a thousand dollars, you have a problem. If you owe the bank a million dollars, the bank has a problem. If everyone owes a million dollars, civilizational survival has a problem. When I first heard about EMP a few years back, the big worry was that in a split-second it would vaporize trillions of dollars of wealth. From the perspective of 2009, vaporizing trillions of dollars of debt has something to commend it. |
| Posted by:Uncle Phester |
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| Posted by: Frank G 2009-06-12 21:49 |
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| Posted by: European Conservative 2009-06-12 21:30 |
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| Posted by: Mike Kozlowski 2009-06-12 21:17 |
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| Posted by: Frank G 2009-06-12 20:35 |
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| Posted by: AlmostAnonymous5839 2009-06-12 17:41 |
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| Posted by: Redneck Jim 2009-06-12 15:34 |
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| Posted by: Caesar Ulereng3236 2009-06-12 12:58 |
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| Posted by: 746 2009-06-12 10:21 |
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| Posted by: 746 2009-06-12 10:19 |
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| Posted by: Beldar Gleresing4009 2009-06-12 09:50 |
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| Posted by: Thing From Snowy Mountain 2009-06-12 09:45 |
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| Posted by: Glenmore 2009-06-12 09:00 |
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| Posted by: Procopious2k 2009-06-12 08:50 |
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| Posted by: Cornsilk Blondie 2009-06-12 08:38 |