Originally Posted by
kingRB
There is no recovery plan in the US or the rest of the Western Governments, because virtually everyone is oblivious to how debt based currency really works. Those that do understand are going to do everything they have left in their power to retain control of that system until it collapses.
One thing is certain - the USD as a reserve currency is in its final death throes. What happens after that - and what replaces it is going to be historic. Like P337 says - there will not be any immediate or smooth transition, and we are likely in for some very dark times economically and socially.
Over time this will be a bump in the road. Resources rich countries like the US always spring back.