If there is anything that we know about the economy is that it has an inherent nature of uncertainty. That said, there are some things that we do know.
As Ron Paul mentions, every nation in the world - not just the U.S. - is bankrupt and on the verge of economic collapse. The foolhardy counterfeiting by the central banks is now entering a stage where the currencies will basically lose all of their value. It will be like a free-for-all by the bandits in charge of the counterfeiting operations while the world plunges into spasmotic hyperinflation and economic chaos.
The refuge will be at the local and regional level and necessarily a new kind of civilization will evolve. There will be corrupt and oppressive areas but they will repel people and expose the leaders as ego-driven who are either predatory or parasitic. And there will be floundering areas without a clue how to solve their economic problems but they will be looking to emulate the successes of others. And there will be embryonic classical liberalism societies that will almost immediately shine as examples of peace and prosperity and justice. These will be the seeds of a new civilization.
The force of economic equilibrium will wipe out the power structure of the ego-driven interpreters and the ego-driven interventionists. Worldwide transition to classical liberalism societies will bring relief to a stricken humanity.
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