Electro-magnetic pulse doomsday scenario
Submitted by Tom on Fri, 06/12/2009 - 11:00am.
Hey, doomsdayers! Here's a link to an article from a Canadian magazine--Maclean's-- which talks about a fictional account about the destruction of all computers through electro-magnetic pulse explosion or something--and how it used to be a concern 'cause it would wipe out all our bank accounts. But now, it might be a blessing because it would wipe out all our debt! It's by a conservative humorist, but its not bitter or repulsive, like some of his articles.
I thought about it again after reading Chuck's May 15, 2009 post.
Best place to invest-- buy land in North Carolina where you can grow things!
http://www2.macleans.ca/2009/06/11/so-your-bank-account%e2%80%99s-wiped-out/print/
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Wipe Out Debt
Cute. Although a solar flare destroying all computers is unlikely, imagining the consequences is fascinating. A means to escape debt. In a similar vein, today the federal government is reducing its debt by buying back its debt. What a wonderful idea. Can one imagine a wonderful new era if the USA pays off all off all its debt? Sadly, I can. Already nobody wants to pay me to loan them money. If the USA keeps it up, pretty soon we can use those federal treasury notes to paper our walls.