RE: RE: RE: RE: RE: RE: RE: Somebody didn't like tThoroughly enjoy your post HonestAbe. The most likely outcome of the debt crisis will be rapidily increasing money printing and inflation, resulting in cascading global margin calls. This is in fact what has been happening since 1982, when Reagan turned on the money spigot to selected friends who initially invested in wealth producing activities and later, increasingly, huge wealth destroying malinvestments (like foreign wars, bridges to nowhere, subsizing the unproductive and punishing the productive). We are just now entering the end game for the global currency system, featuring the end of the US dollar and the reintroduction of the gold standard. The top bankers are planning to end up with all the gold... recently the Swiss removed the gold backing of their currency, Germany refused to back the Euro with its national hoard, the recently deposed dictators of Africa are notable for the contents of their suitcases.. gold bars.
In China citizens are being encouraged to put their savings into gold wafers dispensed through ATMs. Historically silver has been China's currency of choice and it too is being hoarded by the locals. Italy is preparing to welch on its paper debt, but still hoards it's 1500 ton gold stash.
Commerce will survive the inevitable crash.. those with vital commodities and services to buy and sell will find a medium of exchange that works, but most likely the banksters will suspend the system and revalue the global currency (once they have repatriated the bulk of the world's gold to themselves). This revaluation HAS to happen suddenly, without giving the suckers a chance to ditch their Tbills, derivative contracts and paper investments.
The losers of the revaluation will be holders of cash, derivatives, paper contracts and the winners will be those holding hard assets or businesses who produce hard assets and have little or no debt...like juniors who are sitting on proven economic reserves in the ground..like SOL.