     |
|
|
|
Detailed market commentary at The Market Ticker and Ticker Classics
(The Year 2012 In Review) Donations accepted; we offer GOLD ACCESS for enhanced privileges. T-Shirts, caps, coffee mugs? Click here. BlogTalkRadio - Mondays at 3:30 Central - Yes, TickerGuy has a radio show (kinda)  RSS available
You are not signed on; if you are a visitor please register for a free account!
|
||
| MarketTicker Forums Single Post Display (Show in context) |
User: Not logged on
|
| Top | Login | Control Panel | FAQ | Register | Logout |
| User Info | Ireland ‘could default on debt’; entered at 2009-02-17 10:42:23 | |||
|
Asimov Posts: 103857 Registered: 2007-08-26 East Tennessee Eastern Time 
|
Who the hell knows. But if deposits are taken away from the people, there is no real alternative to civil war. The government won't get a chance to spend them. No country in the world would stand for that. Not even china/NK. There would be absolutely BRUTAL attempts at control, but in the end, they couldn't win. Although, in at least china's case, I doubt enough people keep money in the bank to actuall cause a full scale revolt, though there would be some localized ones. Doing that would mean anybody who trusted the banks with their FOOD money will starve. Starving people will do anything neccesary to feed their family and being willing to die is one of the lesser things they would be willing to do. 2009-02-17 10:42:23
| |||