In response to:

Where Will You Go if America Collapses?

Jerome49 Wrote: Feb 04, 2013 5:14 PM
If the US does collapse, what makes you think there will be IRAs left to tap into? What makes anyone think there will be Social Security or Medicare or any other welfare programs left? Before the US collapses the government will seize all personal assets and wealth of its citizens.

A reader from New York has a follow-up question for me.

Referencing a “Question of the Week” from last month, in which I expressed guarded optimism that America could be saved, she wants to know what I would do if things go the wrong way.

In other words, what if things go really wrong and America suffers a Greek-style fiscal collapse? And imagine how bad that might be since there wouldn’t be an IMF or European Central Bank capable of providing bailouts to the United States.

Perhaps because of an irrational form of patriotism, I’m fairly certain that I...

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