re: Does anyone have a prediction on what happens when the US becomes insolvent?

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National debt will not be what brings this country to it's knees, the entire topic is more or less just a talking point.

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Our nation’s debt-financed fiat currency system is the funding mechanism for the Welfare-Warfare State and is the wellspring of the deepening crisis. Fiat currency is not backed by any commodity but instead derives it’s value from government fiat or decree.

Since fiat currency is an inconvertible form of money, it is by it’s very nature a currency of unlimited supply and thus is intrinsically prone to currency debasement. The history of all fiat currencies demonstrates that fiat currencies ultimately will return to their intrinsic value, which is the paper they are printed upon.