economic armageddon

Economic Armageddon and economic apocalypse are two terms that resound fear in the mind of many in this year of 2012. Surely our times can't be that different any other in the history of civilization? Or can it?

Today on BNN or Business News Network there was mention of economic Armageddon in a discussion revolving around the great start of 2012 in the stock markets. The amount of money that entered this early in the year has not been seen in decades. It seems stock investors have lost their fear of an economic armageddon was how one person analyzed the rally.

Anyone who watches money markets knows that in the last months of 2011 very little money was entering stocks. Being on the sidelines seemed to be the investor mood.

Then tonite i was watching the republican debate and realized that at least candidate Ron Paul remains sober enough in thought to consider the potential of a global economoc armageddon. Paul predicts that the US dollar will end being the darling of the world reserve banks in the future and that the US will be fighting extreme financial trials and tribulations unless some radical fiscal dicipline is set in motion ASAP. Paul's radical ideas of change may ne too much for most Americans and he is likely not going to be the prime resident or president of his country anytime soon. If such dire predictions of financial economic armageddon come to pass then one must ask, " Are the other elect leaders able to deal with such reality? ".

Economic Armageddon...the day of judgment for the world financial markets could come with any disaster or it could come with the innocent or not so innocent of finances and social power. This apocalypse of the economy may not be the end of the world but to a great many who know no other way of life than paying with currency it sure would present all the trials and tribulations of the end time coming to pass.

Is owning silver and gold a means of self preservation in a time of social disaster such as an economic armageddon?