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Question: What year will see the end of the federal government in the US?
2011 - 3 (5.3%)
2012 - 16 (28.1%)
2013 - 7 (12.3%)
2014 - 4 (7%)
2015 - 6 (10.5%)
2016-2020 - 9 (15.8%)
2020-2025 - 12 (21.1%)
Total Voters: 56

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Author Topic: When will the federal government collapse in the US?  (Read 2724 times)
foggyb
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August 05, 2011, 10:21:08 PM
 #21

There is no 'never' option because it doesn't make sense if you know one bit about history. Empires rise and fall, nothing lasts forever. Of course it could be way after 2025 that it collapses. And it will always be due to an unexpected event, not some artificial accounting construct like a debt limit (though it could set things in motion).


Look up the history of the Denarius and Antoninianus, two of the most common Roman coins.

The Denarius was issued around 269 BC and was 100% silver weighing 6.8 grams. By the 3rd century AD, had been debased to a smaller bronze strike with no silver content at all.

Most other Roman coins that were introduced with silver content were debased as well.

The devaluing of currency is definitively (though indirectly) correlated with the failure of empires.

The US dollar has been debased in value more than 95% in just 100 years. The Roman empire reigned for 500 years before reaching that level of inflation.

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Anonanon
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August 05, 2011, 10:23:22 PM
 #22

On a long enough timeline, the survival rate of all fiat currencies drop to zero.

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August 05, 2011, 10:33:19 PM
 #23

2012 BECAUSE IT ALL ENDS THEN OMG!

naw, the dollar may f- up our government for quite a while, but I really think that America can rebuild if it learns from it's mistakes.  Dollar does not have to equal America.
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August 06, 2011, 12:49:21 AM
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The Roman empire reigned for 500 years before reaching that level of inflation.



That's only because they ran Bernankius Printasaurus out of the empire........
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August 06, 2011, 01:31:54 AM
 #25

Governments die after enough of it's citizens do.  It's only at that point that it's crystal clear the government is the problem.  Until that point the government and all its workers will fight tooth an nail for their existence and paychecks from your ass!
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