I have this questiin that keeps bothering me

I don't have to convince anybody that our defict is a problem

Canada and the USA, maybe a large part of the world

Despite a roaring economy, somebody did some math and decided at present spending and tax revenue, that in 5 yrs, the entire tax revenue would be needed to pay the interest on the national debt

Is this assumption correct or not, I do not know

But I do know that several economist have warned that future tax revenue will not be sufficient to pay the bills

So: any way you look at it, trouble is coming

Deficits that can't even make interst payments is trouble in any part of the world and business

My question is what will happen in the future, if this happens?

I do believe it will happen, some time soon

With pelosie and Trump talking 2 trillion to do infastructure, cuts in spending does not look to be on the agenda

So:

The only thing I can see is printing dollars

You can argue how this is done, the bottom line is printing paper dollars

So: What happens if dollars are printed

Inflatuion has to happen

Isn't that what history has taught us???

How do we position ourselves for inflation

Most can't go out and buy any significant amount of physical gold or PM

So;

Is a depression coming when the USA and canada default on our debt

What else could happeen

Are you ready for a depression

No matter if everybody else is in the same boat

It still hurts just as bad

What do you think

Because I really believe drastic change is coming and it won't be good

We are buying land in hopes the land inflates as fast as general inflation, although we have stopped buying land, at present

The idea is to have an asset that we can afford and will give some protection if inflation happens

If devaluation happens we could be in a world of hurt

That happened when interest went to 20% and I went brroke

You can see why Trump wants low interest but he won't be around for ever.