Best Posts in Thread: A Nightmare ( or a Glimpse into the future of a possible reality)

Damm Jack, I am getting a headache reading all this lol. Come on down and I will buy you a beer. We can solve all the problems in the world in a couple hours and things will fall back into place.. Gerry

 

How could the U.S. or U.K. go bankrupt when each of those nations denominates debt in a currency in which it fully controls? Only politics creates these possibilities (U.S. possibly defaulting when the federal government can't agree on raising the debt ceiling, for example.)

A bit of a sh*t storm here and there is a good thing. It's healthy for the economy to rise and fall. And chaos creates opportunity.

It's like plate tectonics on our planet. We fear the possibility of a big earthquake, yet earthquakes are an effect of a healthy system. What we should really fear is the possibility that earthquakes can't happen. But media lives off selling fear of earthquakes. You can't every fully protect yourself from the risk, but you can plan for the possibility. And most earthquakes won't affect us much anyways.

 

No change there then

 

The US runs a scary ga-zillion deficit, but yet the USD is stronger than a year ago. Last I checked the British pound is doing great. Why worry so much about your UK pension drying up? Stay away from the news for a while. News is fashioned towards BS to keep you addicted anyway. Keep your mind in the present. Train your mind away from doomsday 'what if' thought habit. If your mind is too cluttered with crap, you could end up walking straight into a bus while crossing the street.

 

I don't sleep to well at all ( I may have said on various occasions) the Heat, the sometimes noise or as it was Last Night, suddenly sitting up a little shaken and sweating profusely [ although I was quite cold]
My mind was full of Woe and things that no one should ever be thinking about. Over the years I have read about Dreams and such and how they happen or indeed why they happen but never really understood any of it. I am not really a believer on, Shall we say, the Spiritual side of the Mind but just how this one came about I can't imagine.

My nightmare was about Money well the total lack of it. Like many here my main Saving Pot has gone into the House and the other well is slowly but surely reducing through Education and other things, Visa's and such.
What would happen if it was all gone?
"The Nightmare"
OH Yes! the nightmare. Well I suddenly woke up after this thought, the UK had overnight, had a Greek Tragedy,
it was Bankrupt the nation had had a total Financial Breakdown. My pensions Stopped in 2 months.
What on earth was I going to do, yes my Wife has a good Employment but no where near the amount of salary to give the household the Luxuries we are currently enjoying.

Having them go back to Basics of course for a start but it would go further than this, we would struggle on Food alone, Electricity, Water, Total mayhem for me would arise. Gosh No Internet, mobiles with no load.
Each day we can all see (and I know that we all do see it) the locals struggle daily, a Word I don't think we can remember in our life, Yes many had it hard but from things said here in posts I am not too sure any of us actually Struggled, I certainly never have had to too ( there was always a Plan "B") but now at 67 and earning capability's have passed me, and Plan "B" is looking a little low on the savings side. So this was the issue I woke up too in a Cold Sweat. Totally Broke! all gone, Savings, Pensions the lot. UK Banks Closed and can't Transfer what little was left.

My goodness, maybe a little OTT but What If ?
As the UK is not Shengen or Euro Zone I doubt there could be a bale out for us, So I am going to have a coffee and maybe start to look just a little more closely at the family Spending.

One thing for sure, I don't want another nightmare like this one or was it a glimpse of the Future?

JP