Replies to post #6899 on Demise of the Dollar

[Polish Crusader]

I do not know the true effect of rising bond yields on the nation. However,the storm clouds are coming from all directions. Commodity prices are out of control,food and energy is rising above the levels where the middle class can purchase them and the majority who obtain them through government programs will have to tighten their belts. Retirement income,social security,401k's and real estate values are in a slow hour glass fall. The small business world is weighted down with codes,taxes,quarterly reports and massive bookkeeping expenses beyond the profit level and they are not looking for a bank loan.In the past a man's word (or handshake) was his bond but that kind of bond is rare. The Word that says "love thy neighbor as thyself" has been replaced with a prosperity gosple. If we have not set ourselves up for the coming tribulation then I will be shocked.There is still time to prepare for a different world to come and things will never be like Walton's Mountain ever again. j.m.o. . p.c.