AN IDEA THAT HAS BEEN MENTIONED HERE MANY TIMES... USUALLY IN REFERENCE THE THE UK POUND GOING OFF GOLD IN 1931...CAUSING A GLOBAL BANKING CRISIS...WHICH WAS SOMEWHAT SEPERATE FROM THE BURSTING OF THE STOCK BUBBLE ON WALL STREET A COUPLE YEARS EARLIER...
THESE THINGS NEVER START AND STOP ON A DIME... THERE ARE ALWAYS LONG TRANSITION PERIODS WHEN EVERYTHING IS CLOUDY...
PERHAPS THAT EXPLAINS WHERE WE ARE NOW... ONLY HISTORY WILL TELL THE TALE...
AND THE INTERESTING THING IS THAT IT WILL ALL SEEM SO OBVIOUS TO THE HISTORIANS WHO WRITE ABOUT WHAT WE ARE SAYING AND DOING RIGHT NOW!!
THE OUTCOMES OF HISTORY ALWAYS SEEM INEVITABLE...EXCEPT WHEN YOU ARE LIVING THROUGH IT!!