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These States Will Suffer the Most in the Event of an EU Collapse

These States Will Suffer the Most in the Event of an EU Collapse

Source: U.S. Department of Commerce and Wells Fargo Securities

Some analysts believe that a collapse of the EU will have a calamitous effect on the U.S. economy. But exactly how will that play out, that is, who will get hit the hardest?

Although every state would feel the effects of a possible EU collapse, as a halt of billions of dollars in exports to the EU could prove to be disastrous, analysts believe there are some states in particular that will bear the brunt of the burden.

As it turns out, Utah, South Carolina, Indiana, Alabama, Washington state, and West Virginia, all relying heavily on exported commodities, will most likely suffer the worst, according to a new study by Wells Fargo Securities.

“We don‘t think it’s enough to pull us into recession, but exports have been one of the lone bright spots in our economy,” said Mark Vitner, senior economist at Wells Fargo Securities who co-authored the report, according to the Huffington Post.

In Utah, which has an economy that relies on selling gold and silver produced in nearby states, European exports comprise 46 percent of all exports and 5.6 percent of the state’s economic output, according to the Wells Fargo report, writes the Post.

Or consider the case of South Carolina, an automobile manufacturing hub, where European exports make up 4.1 percent of the economy.

West Virginia’s economy is closely tied to the coal industry. Exports to Europe make up nearly 4 percent of the state’s GDP. So as Europe’s economy sinks, so too — the argument goes — will West Virginia’s GDP, reports the Global Post

Eight of the U.S.’s top 30 trade partners, according to the Department of Commerce, are European countries. However, some remain optimistic and maintain that a lower demand for exports would not necessarily plunge the U.S. deeper into recession, since exports account for just 11 percent of the U.S. economy, according to the World Bank.

“Slow growth in Europe has already restrained U.S. economic growth,” said Vitner, according to the Huffington Post. “U.S. economic growth would have been 2.5 percent in 2012 — in contrast to Wells Fargo’s current prediction of 2.1 percent — if the European economy was growing at a healthy pace.”

Although an absence of exported goods due to a collapse of the EU could prove harmful to the U.S. (and some states in particular), just think about the economic fallout for the banks.

In the word’s of Harvard historian, and as reported earlier on The Blaze, Niall Ferguson writes:

Europe’s problem is not just that governments are overborrowed. There are an unknown number of European banks that are effectively insolvent if their holdings of government bonds are “marked to market”—in other words, valued at their current rock-bottom market prices.

Because of the existence of our present global economy, some U.S. financial institutions will naturally be affected by the euro banks collapsing, The Blaze reported.

Consider the fact that some of the biggest U.S. banks have some sort of “exposure” to euro bonds and banks. If the euro banks become “effectively insolvent,” this will affect the U.S. banks that have investments in those bonds.

To put it plainly, things are not looking good.

Comments (157)

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  • spfoam1
    Posted on November 17, 2011 at 12:26pm

    How much bargaining power does anyone think a union will have when the economy collapses? They will be high bidder when no one has any money. States with tight budgets and new representatives (because the old ones are voted out or are swinging from a tree) will not use the union high bidders.

    Report Post »  
    • TyrannyNoMore
      Posted on November 17, 2011 at 1:54pm

      Yeah, that will be all the excuse they need to riot, turn over cars and light people’s businesses on fire.

      Report Post » TyrannyNoMore  
  • DeVain
    Posted on November 17, 2011 at 12:22pm

    Kentucky is “highest risk”? Why? All I can think of is the gold vault at Ft Knox which is rumored empty anyway!!!!!

    Report Post » DeVain  
  • Nanaswords
    Posted on November 17, 2011 at 12:22pm

    Looks as though the UN, IMF, World Bank, are out there in our face ! Who controls the Finances of the Nation(s) controls the Nation(s). Patriotic sovereignty has no use at that point…That has been the plans of the commi\socialist for about 70 yrs. now. USA and Israel are the two biggest block to their plans ! Answer to why we are so hated by the wolves. Our love of indivdual right to life,and freedom from big gov.control is their nightmare. So, control of the world wide Finances gives them the edge they need. Our system of Capitolism is the opposite of what they want for their success ! The Chess game continues, Not the time to be PC\Accommodating and drink their “Kool-Aid” !!! Wake Up and Stand Firm In HIS Name !!! Winner Status for those that Hear ! Victims for everyone else ! That is the final picture at the end of this battle\Chess game ! The pace of the game has really picked up recently. That is what we look for, activity closer and faster paced ! YES!!!

    Report Post »  
    • TH30PH1LUS
      Posted on November 17, 2011 at 1:01pm

      The once-proud nations that gave us Western Civilization have committed economic and political suicide. They went to the “casino” and put on the table their history, their language, and their culture hoping to win big and obtain financial power. But the first rule of gambling is “the house always wins”.

      The lowered birth rates, combined with unchecked immigration, abandonement of Christianity, multiculturalism, and centralized government (socialism), have combined to form a noose around the neck of Western Europe.

      Watch for a few twitches, as their fearful governments try frantically to retain their grip. Then in about 50 years it will be over. The beautiful cathedrals of Europe will be turned into mosques.

      Report Post » TH30PH1LUS  
    • starman70
      Posted on November 17, 2011 at 1:33pm

      @TH3OPH1LUS

      How right you are. Unfortunately, America is going down the same path hell bent for leather. The idiots in Wahsington can’t see the forest for the trees and continue the same reckless ways. The old saying goes for Washington politicians: They are blind in one eye and can’t see out of the other.

      Report Post »  
    • Delta_River_Folk
      Posted on November 17, 2011 at 2:00pm

      TH30PH1LUS and starman70
      I too agree 100% with you, less than half of Americans even care. Not to mention Washington D.C. never addresses the real problem. They continue to normalize their extreme taxation habits. We need to force the following:

      (1) Restore States’ Power by REPELLING the AMENDMENTS passed in the 1910’s that allowed the Fed Gov to tax citizens directly and stopped the States from appointing Senators,

      (2) CREATE A NEW TAX SYSTEM where States collect 100% of taxes and then forwards a percentage of that money to the Fed Gov. Percentage is based on State’s population,

      (3) REDUCE THE FED GOV’S SPENDING to include only military defense, foreign relations, and responsibilities initially outlined in the Constitution then individual States would take over all other spending.

      Report Post »  
    • old white guy
      Posted on November 17, 2011 at 2:02pm

      unless the commies in charge of the u.s. print money and throw it at the e.u. there will be very little effect on the u.s. the u.s. does not do enough business withe the e.u. close the military bases and let the idiots pay their own way.

      Report Post »  
    • gbohrn
      Posted on November 17, 2011 at 2:27pm

      Old White Guy: unfortunately this is not correct as a lot of our banks hold a lot of EU paper. EU goes and it will take us with it. We should be alright in the long run if we could actually get our own house in order, but we won’t. No one want to gore their sacred cow, so we’ll all go down the pipe together because of the inability of lawmakers to make the hard decisions. We already have cities and state in America filing bankrupty (which kills all those government pensions).

      Report Post »  
    • asybot12
      Posted on November 17, 2011 at 3:38pm

      Correct to all of you answering Nanasword, @OWG were you following fox on the net through veetle if so let me know, thanks guys beprepared.

      Report Post »  
    • someonewhocares
      Posted on November 17, 2011 at 3:59pm

      I don’t think it will have much effect.

      http://politicalbowl.com – Political Videos

      Report Post »  
    • black9897
      Posted on November 17, 2011 at 4:55pm

      VA low risk. Good.

      Report Post » black9897  
    • aafriend
      Posted on November 17, 2011 at 6:09pm

      Is it not amazing that the states that are high risk are the republic voting blocks. Humm something fishy going on here ! lets destroy those states and get them dependent on government so they vote for the dems. O Glenn that crystal ball of yours, or you are just one intelligent guy. wake up America.

      Report Post » aafriend  
    • aafriend
      Posted on November 17, 2011 at 6:21pm

      Look at all the low risk states, Dem voting block, the electoral map shows where capitalism is working. gold, coal, auto. lets get them now. the dismantling of what is left. the high risk states produce product, what do the low risk states produce = Entitlements

      Report Post » aafriend  
    • heyjim55
      Posted on November 17, 2011 at 7:20pm

      It would be very hard for this country to withstand a Euro collapse the above map is a conservative estimate on how much each state is exposed. ML Global went bankrupt and it shocked many of it’s clients because they had no idea that ML was so tied up to the EU, Gerald Celente lost a bundle and he is a CEO of Trends journal he‘s supposed to know these things and got robbed the point is we just don’t know what will happen when it does collpase.We are already on the edge and have been for sometime. Beck is once again correct recall he said over two years ago that if the EU fell we would also go down shortly there after that. Something bad is coming be it economical or a war, civil or international everyone feels it. Most who were around during the civil rights movement and the Viet Nam war protests the deaths of MLK anf RFK, JFK say that what we have going now is much worse than back then. The whole world is in termoil , war could break out practically any where with anyone for any reason at any time. Throw in economical collapse on a global scale with revolutions appearing every where , food shortages in third world and first world nations. Not to mention our own Government showing us daily how corrupt they are and how little they care about this country.

      Report Post »  
    • avenger
      Posted on November 17, 2011 at 7:37pm

      yo Glenn…texas is in the crap category..

      Report Post »  
    • Uranium Wedge
      Posted on November 17, 2011 at 8:43pm

      And it turns out that Utah rejected Obama the most out of any state.
      In fact Bill Clinton came in forth place during the ‘94 elections. Utah also has one of lowest unemployment.
      AAFRIEND You might be onto something.

      Report Post » Uranium Wedge  
    • USAMEDIC3008
      Posted on November 17, 2011 at 8:50pm

      DELTA RIVER

      For President.

      Report Post » USAMEDIC3008  
    • Keggs1961
      Posted on November 17, 2011 at 9:58pm

      Interesting comment, all the while you mock those that protest against the bankers and wall street…

      Report Post »  
    • TH30PH1LUS
      Posted on November 17, 2011 at 10:08pm

      @ Keggs1961:

      And we will continue to speak out against OWS as long as they demand to enact the EXACT SAME SOCIALIST GOVERNMENT here in America that has destroyed Europe.

      Report Post » TH30PH1LUS  
  • RodT82721
    Posted on November 17, 2011 at 12:16pm

    So what’s the moral of the article? We have to burrow another couple of trillion from someone to give to the EU, so that Wall street will avoid another big dip?

    We have a special selected group of 12 hiding behind closed doors, to attempt to cut a whopping 10% from our future spending over the next 10 years. If they succeed, we will only be $24 Trillion in debt in 10 years instead of $25.2 Trillion. They seem to see no way to cut anything, so we as tax payers will have to cough up some more so Congress and Barry can keep on their spending schedule.

    Report Post »  
    • Delta_River_Folk
      Posted on November 17, 2011 at 12:23pm

      TEA Anyone

      Report Post »  
    • Mikev5
      Posted on November 17, 2011 at 12:26pm

      How pathetic our Government has become Ok boys and girls we have put together a whopping 5% debt reduction plan into effect we have save the Republic.

      Oh by the way we need to vote on our 5% pay rise and all the new programs for the next year that will add 10% more to our Government spending but hay we saved the people 5% didn’t we.

      Report Post » Mikev5  
    • PATRIOTGRUNT
      Posted on November 17, 2011 at 2:46pm

      @RODT82721 and others. The 12 Traitors are not talking about / going to cut s____t . All they are talking about is possibly reducing the RATE OF SPENDING GROWTH. This is not SAVING JACK. Its no different than you saying that next month you will add only $100 more on your credit card instead of $150. You didn’t save jack.your balance is still gowing to grow as well as the intrest on your balance. The only way to save is not to borrow any more and make a significant above minimum required payment. Freeze the budget at current level , pass a balanced budget amendment , get wrid of as many RINO / DEM / SOCIALIST PIGS as we can .

      Report Post » PATRIOTGRUNT  
    • angelonquest2000
      Posted on November 17, 2011 at 3:42pm

      ive got a great idea! lets stop sending money overseas and keep it in the US, problem solved! pakistan does not need 23 mill for sesame street!

      Report Post »  
    • SamIamTwo
      Posted on November 18, 2011 at 9:08am

      meh, we know they will kick the can down the road.

      Report Post » SamIamTwo  
  • ravinginfidel
    Posted on November 17, 2011 at 12:13pm

    Utah will suffer because it sells gold and silver to Europe??? I see a higher demand although I don’t know what they will pay for it with. Land on the Rhine? Some cathedrals? Fiats?

    Report Post »  
    • kmichaels
      Posted on November 17, 2011 at 12:32pm

      In this case the analysis was kind of stupid, since demand for silver and gold will only go up. So Utah will be just fine in either case. Utah also has low unemployment compared to other states. Utah is quite healthy economically. Also, as the study pointed out, only 5% of Utah economy depends on trade with Europe, which can easily be made up elsewhere. It is much ado about nothing.

      Report Post »  
    • Lloyd Drako
      Posted on November 17, 2011 at 12:36pm

      Good questions! An even better one: how does it happen that Utah “relies” on gold and silver produced in other states? Why don’t Idaho, Nevada, Colorado, etc., sell their own precious metals?

      Report Post » Lloyd Drako  
    • Speaking_my_mind
      Posted on November 17, 2011 at 12:58pm

      Didn’t Utah just legalized gold and silver use?

      http://www.huffingtonpost.com/2011/05/22/utah-gold-standard-silver_n_865333.html

      Report Post »  
    • Rothbardian_in_the_Cleve
      Posted on November 17, 2011 at 1:00pm

      It didn’t say gold and silver….it said commodities. In the event of recession, demand for goods goes down. Hence, the demand for raw materials to make goods goes down as well. For example, some say copper is the only metal with a PhD in economics. It is the strongest correlation to the macro health. Utah is a major copper producer (among other states). Washington state and lumber for example.

      Report Post » Rothbardian_in_the_Cleve  
    • Salamander-451
      Posted on November 18, 2011 at 9:34am

      I agree, If Utah is selling gold and silver how is that going to impact its economy, those are the things everyone will be running to. I think this article should have been researched more before it was posted.

      Report Post » Salamander-451  
  • Mikev5
    Posted on November 17, 2011 at 12:12pm

    I can’t wait for the EU to crash and burn the EU was made to knock the USA off the top dog spot and they have mucked us up somewhat so I think the EU crashing will be a good thing for the USA but at first it will be a bad thing pain before gain.

    Report Post » Mikev5  
    • wisewoman
      Posted on November 17, 2011 at 12:55pm

      I agree with your comments and have thought the same for years. I also believe the EU was formed to homogenize its people – another way forward to the One World vision.

      Report Post »  
    • Enough is Enough__Oath_Keeper
      Posted on November 17, 2011 at 6:21pm

      I think you are spot on Mike. The EU is going to crash and burn! We will have great pain especially those who live in the cities. Us country folk that know how to grow our own food will have it the best and it will not be good for us either. After a few years of this we will rise again to remain in the top but only if we get control of our government instead of it controlling us.

      TEA

      Report Post » Enough is Enough__Oath_Keeper  
    • Mikev5
      Posted on November 17, 2011 at 8:37pm

      @ Oath_Keeper agreed

      If we regain control of our government the way it was defined by the people in the beginning instead of it controlling us.

      Yes yes yes on the mark

      Report Post » Mikev5  
  • lukerw
    Posted on November 17, 2011 at 12:11pm

    The Highest and High Risk States… surprise me!

    Report Post » lukerw  
    • Grandmadar
      Posted on November 17, 2011 at 7:18pm

      Me too! I am in Indiana and we are fiscally sitting quite well with lots of money (1bil) in the bank. Our Governor has done a good job. I didn’t think we would be on the list. I guess our exports could be the problem but I don’t see it hitting hard at first. It is hard for people to store up when they are just making it. But everyone shd try to do what they can.

      Report Post »  
  • Cat
    Posted on November 17, 2011 at 12:11pm

    Someone at Wells Fargo is really good with Crayons
    They get a star …
    Oops, have to give EVERYONE a star
    Almost forgot

    Report Post » Cat  
  • Mikev5
    Posted on November 17, 2011 at 12:09pm

    Very odd New Mexico is very high and CA is medium yet Texas and Nevada are high I live in AZ so that looks good but we kind of depend on California somewhat so?

    Report Post » Mikev5  
    • Unstable Phenomenon
      Posted on November 17, 2011 at 12:17pm

      Not really Mike, California so broke they don’t have anymore money to lose.

      Report Post » Unstable Phenomenon  
    • This_Individual
      Posted on November 17, 2011 at 12:24pm

      It’s all good Mike, California and Arizona will do just fine.

      Report Post »  
    • Mikev5
      Posted on November 17, 2011 at 12:33pm

      California scares me I ran from CA back in 2006 I saw it coming.

      Report Post » Mikev5  
    • Mikev5
      Posted on November 17, 2011 at 12:40pm

      AZ is ******* me off the tax rate was low in 2006 I think it was 5.6 or 6.25 but to stay in the black it’s now 9.25 they jumped our tax’s way up to save AZ.

      I think it was voted higher though not just raised we voted in the higher rate.

      Report Post » Mikev5  
    • This_Individual
      Posted on November 17, 2011 at 1:37pm

      At least you have the choice by voting it in. The monkey we have as governor is signing just about everything the unions tell him to sign. I think being a right to work state is saving you from many of the problems we have here in Cali.

      Report Post »  
  • Canyouhearus
    Posted on November 17, 2011 at 12:09pm

    My state is in one of the lowest at risk categories… Guess it‘s because there’s nothing happening here anyway! Don’t think it really matters where your state is at… depresion is depressions and we’re already there. Obam, Democrats, Progressives, Socialists? All to blame. So also are the Republicans… they keep their fingers in the pie also! And we all sat back for years and let them do just that! The burden of guilt lies on us all! Just far more on some. Spread the word. Speak out. Join with others. And pray a whole lot!

    Report Post »  
    • ramburner
      Posted on November 17, 2011 at 5:11pm

      There are Progressives in BOTH Parties. Take John McCain, for example. He is a RINO and a Progressive with a Republican name. Why do you think he is the “go between” for the Republican party? My solution; Term limits. If they are now in office, get them out of office. Replace them with Tea Party types because Tea Party people are from BOTH Parties. Tea Party people have the right attitude concerning the Constitution and spending and they are willing to discuss issues based on merit. We all know, neither party in Washington will work with the other as currently set up. REPLACE those who are in office and demand Term limits be established. Why should the House and the Senate have different terms for office? One 6 years, the other 2 years? Make them all 4 years and place a maximum of 2 terms for anyone! Lastly, get rid of Lobbyists! Lets get a clean slate in Washington, not paid for votes because of corruption.

      Report Post »  
  • Delta_River_Folk
    Posted on November 17, 2011 at 12:05pm

    This appears to be produced by the US Department of Commerce and Wells Fargo, Inc. So I am assuming this report is to have citizens living in these high risk states to join the bandwagon, and help send money to the EU. Because if you don’t help the EU then you will lose money personally.

    I am so tired on bailing anything out period. I’m still waiting for my Obama Stash.

    Report Post »  
  • SageInWaiting
    Posted on November 17, 2011 at 12:03pm

    Banks with “exposure?” Our FED is standing on the street corner in a trench coat flashing the world. Think THAT won’t affect the states, high risk or low?

    Report Post » SageInWaiting  
  • This_Individual
    Posted on November 17, 2011 at 12:03pm

    This Californian isn’t worried.

    Report Post »  
  • Jumper
    Posted on November 17, 2011 at 12:01pm

    Want to know which of these States will be hurt by an EU collapse? THESE United States!! This isn’t simply a matter of is Wally World going to open another super center in Denver(just for example), there isn’t a single State on that map without some risk, so all of us are going to be affected. We will all be on the hook since every State’s economy affects affects the total United States economy, thereby affecting every State.

    Report Post »  
    • AmazingGrace8
      Posted on November 17, 2011 at 1:05pm

      The current administration believes in bailing out blue states, their voter base.

      Report Post »  
  • Aerocog
    Posted on November 17, 2011 at 12:00pm

    No matter what the state, an EU collapse would be bad for everybody and from what we‘re seeing the Euros don’t seem to have any plans on changing their ways just like we are. Too stubborn, once we open up on doing something about our debt and over-sized governments it will too late.

    Report Post »  
  • Texas Chris
    Posted on November 17, 2011 at 11:59am

    Texas is HIGH risk? HIGH?

    No way. Texas is the driving force of the US economy right now. Texas is more than capable and very near willing to go it alone. Maybe the EU collapse will be just enough to convince us…

    Report Post »  
    • cromag11b
      Posted on November 17, 2011 at 6:40pm

      …to become part of Mexico?

      Report Post » cromag11b  
    • Stealth
      Posted on November 17, 2011 at 7:57pm

      @ cromag11b

      We have seen the problems coming from south of the border for many, many years. There are thousands of us who have been quietly arming ourselves for quite a while. You really think the drug cartels are the only ones who now own semi-auto assault weapons? Even our own Border Agents are taking their que from us regular Texans. We have agents from different departments and war vets who aren’t taking this situation very lightly and are getting tired of having their hands tied by the present administration.

      We WILL defend Texas from enemies, foreign and domestic !! I hope just the foreign ones though.
      We WILL defend our borders on our own if we have too. You can bet this state won’t go down with out a fight.

      Report Post »  
    • pamela3355
      Posted on November 17, 2011 at 10:10pm

      U go TX. I’ll be there soon.

      Report Post » pamela3355  
  • Baddoggy
    Posted on November 17, 2011 at 11:59am

    Please…Texas secceed.

    Report Post » Baddoggy  
  • PPMStudios
    Posted on November 17, 2011 at 11:59am

    Boy, this is just great… So the state of Colorado won’t suffer as much as some of the others…

    That still doesn’t shore up my downward spiraling 401K………….

    Report Post » PPMStudios  
  • CatB
    Posted on November 17, 2011 at 11:45am

    LOL .. Michigan is “low risk” because it is already in the toilet .. thanks unions and dems.

    Report Post »  
    • mkozicki
      Posted on November 17, 2011 at 11:57am

      I was thinking the same thing because I live in Michigan. But then I was also thinking that we don’t make much of anything here any more so I guess it makes sense.

      Report Post » mkozicki  
    • CatB
      Posted on November 17, 2011 at 12:57pm

      Born, raised, and escaped here! Was just up for a “visit” and it has gotten so much worse. Sad — it is/was a beautiful state. Much of it is now sooo depressed and depressing.

      TEA!

      Report Post »  
  • objectivetruth
    Posted on November 17, 2011 at 11:43am

    My state is on the low risk category.Woo Hoo.Then again I’d expect no less.

    Report Post »  
  • GhostOfJefferson
    Posted on November 17, 2011 at 11:43am

    I really have to pull up roots and get out of Ohio (and off to Idaho, Wyoming or New Hampshire). Geesh.

    Report Post » GhostOfJefferson  
    • STS2_SS_Iver
      Posted on November 17, 2011 at 12:08pm

      I want out of Massachusetts (aka Taxandscrewus, Central Moonbatistan). The company I work for was just bought by Applied Materials, and they have a facility in Kalispell, MT. Looking really good about now.

      Report Post » STS2_SS_Iver  
    • Just_Bubba
      Posted on November 17, 2011 at 12:09pm

      I lived OH from 1966 until I enlisted in 1975 and I didn’t think it was so bad then. I was still wet behind the ears though so what can I say. When I visit my sisters nowadays I can see the big difference a few decades can make. Too bad.

      Report Post » Just_Bubba  
    • Cape_Lookout_RW_Extremist
      Posted on November 17, 2011 at 12:33pm

      I hear ya Ghost…I visited Cincinattii about 4 years ago and couldn’t believe it. One of the biggest malls there had many stores chained up and empty. The security officer warned our family not to be in the mall after 9 pm due to prior shootings. The whole place needed jobs and the thugs were in survival mode. Can only imagine what its like now.

      Report Post » Cape_Lookout_RW_Extremist  
    • Rothbardian_in_the_Cleve
      Posted on November 17, 2011 at 1:10pm

      @GoJ,

      Dude, I’m with you. Been trying for a while now. At least you‘re not in the People’s Republic of Cleveland. Count your blessings.

      Report Post » Rothbardian_in_the_Cleve  
    • GhostOfJefferson
      Posted on November 17, 2011 at 2:05pm

      Montana would be nice. :)

      Ohio used to be a ******* jack place to live. The SB5 union vote really put me in mind to get out, finally. I love Ohio and I love having grown up here, and have always been a very proud Buckeye. Such a shame too, because I’m really digging our re-asserting our 2nd amendment rights here so forcefully as of late, and I really enjoy how people get along and are friendly. Maybe too friendly I guess, we need to get some spine back, but it doesn’t appear to be on the slate for now.

      Yeah Rothbard, you’ve heard me mention Cleveland in a bad way many times, you can’t pay me to drive there or even through it, thanks but no thanks. Visited it many times in the 90′s when my father in law was at Cleveland Clinic, and outside of the Clinic, it was a scary, scary place.

      The only factor at this point is my kids (son’s in high school, daughter about to go there). We live in a very, very nice area that‘s almost like the 1950’s attitude wise (pleasant, courteous, all that). I’d hate to take them out of school during their final years in it, especially a school that teaches the Bill of Rights, has archery classes and has mandatory Ayn Rand readings for English class.

      Report Post » GhostOfJefferson  
  • sWampy
    Posted on November 17, 2011 at 11:39am

    Not enough to pull us into a recession, we are in a depression already, of course the collapse of the euro won’t make our economy better.

    Report Post »  
    • BloodSweatandTears
      Posted on November 18, 2011 at 1:50am

      Collapse? Exactly what does that mean? People need currency. Does it mean hyper-inflation? You can’t move without a trusted currency. Is this riots and starvation? Anarchy? And how would we not be affected? The dollar is always on a see-saw with the Euro. The dollar is up the stock market goes down because it’s expensive to foreign investors. They buy it turns around, and repeats. What would a depletion of foreign investment in the stock market do to all of us? Doesn’t sound very stabilizing.

      Report Post »  
  • Skee
    Posted on November 17, 2011 at 11:38am

    This map is irrelevant,
    When Europe goes down, we all follow.

    Report Post » Skee  
  • kentuckypatriot
    Posted on November 17, 2011 at 11:36am

    Oh great, just what I need. My state is in the highest risk category. Time to buy more food, water, ammo..

    Report Post » kentuckypatriot  
    • Gary Fishaholic
      Posted on November 17, 2011 at 11:48am

      Me too! same reason.

      Report Post » Gary Fishaholic  
    • 4xeverything
      Posted on November 17, 2011 at 12:13pm

      Hey, if it all comes tumbling down, I want to be in Kentucky. Water underground throughout the state, the most fertile land in the US, and the ability to still use the Barter system in much of the state (at least where I go to visit). Could there be a better place?

      Report Post » 4xeverything  
    • freedommonger
      Posted on November 17, 2011 at 12:14pm

      I’m in NC – moderate risk, according to this map. I‘ll need a more convincing reason for all this ammo I’m buying. OH! I just thought of one as I was reading about the spy planes in Cal.

      Report Post » freedommonger  
  • HorseCrazy
    Posted on November 17, 2011 at 11:34am

    so glad I am prepared after seeing my state is first on the list of shame

    Report Post »  
    • Planchero
      Posted on November 17, 2011 at 12:13pm

      List of shame? How can you say that don’t get me wrong you should be prepared buts what’s so bad about export to another country? If anything this builds on economy having people pay for things created engineered or thought up from the United States. I wish we would export more and import less show people what good Americans can do.

      Report Post »  
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