Path: news.eternal-september.org!eternal-september.org!.POSTED!not-for-mail
From: William Hyde <wthyde1953@gmail.com>
Newsgroups: rec.arts.sf.written
Subject: =?UTF-8?Q?Re:_=e2=80=9cThe_US_Likely_Has_8_Years=e2=80=94At_Most?=
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Date: Thu, 19 Jun 2025 17:16:01 -0400
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Lynn McGuire wrote:
> “The US Likely Has 8 Years—At Most—Before Crisis”
>      https://www.schiffsovereign.com/trends/153000-153000/
> 
> “Yesterday afternoon the US government published its annual report 
> stating plainly that America has eight years left before a major 
> financial crisis.”

Spain defaulted on it's debt four times in the reign of Philip II 
alone,and again in the reign of his son.

It seems that the rich were able to avoid virtually all tax, and 
revenues suffered when productive Jewish and Muslim citizens were 
expelled from the country.

No parallels there, of course.

But Spain survived, and even kept its empire.
> 
> “This is not hyperbole. This is not conjecture. This is not some wild 
> conspiracy theory.”

It is, however, extremely appropriate for a science fiction group.

William Hyde