Interesting replies.
Personally I very much believe these things I have described will come to pass, and it is likely to lead to major upheavel and widespread social unrest. I would actually like to move away from any urban areas, but my wife isn't having it.
If I manage to remain in employment and maintain for earnings power for the next 20 years my home will be paid off and I will be able to retire (not as comfortably as most would like) at 55. I don't think it will be easy, I will have to revamp my skillset numerous times.
I live a very modest lifestyle, I earn well but a large part of my monthly income goes into my mortgage and pension.I guess where I am coming from is, I am putting a lot of effort and making sacrifices to get my house paid off and pension topped up, if the you know what really hits the fan....will all this scrimping and saving have done me any good? Perhaps I should be putting my money into something the government can't touch....Bitcoins perhaps (that's not a serious suggestion).
I realise my thought process has veered off into the unlikely...but you know traders need to identify and manage risks, even the unlikely ones.
