WILL THIS BE THE DAY OF CAPITULATION...?
AND WILL IT MAKE ANY DIFFERENCE SINCE THIS IS A MARKET LIKE NONE OTHER IN HISTORY...
CLEARLY THE BRETTON WOODS SYSTEM THAT ALLOWED THE AMERICANS TO LIVE FAR BEYOND THEIR MEANS...AND EVEN TO QUIT PRODUCING WHAT THEY CONSUMED...WAS FATALLY FLAWED....
OF COURSE CALLING ATTENTION TO THIS WAS THE ENTIRE REASON FOR THIS BLOG IN THE FIRST PLACE... JUST READ THE ARCHEIVES...!!
WHAT COMES NEXT...? HOW DOES THIS END....!
RIGHT NOW THE FAVORED SCENARIO FOR THE US ECONOMY IS HYPER-INFLATION...
THE US ECONOMY IS SO IN DEBT AND SO DAMAGED THAT THERE IS NO CHOICE...
SORT OF LIKE GERMANY IN THE 1920'S...
IT IS EITHER DEFAULT OR HYPER-INFLATION...THERE ARE NO OTHER CHOICES!!
THE DOLLAR WILL BECOME TOTALLY WORTHLESS WITHIN A YEAR FROM TODAY...
GOLD MAY BE THE BUY OF THE CENTURY IF THIS CONTINUES...
THE MASSIVE LIQUIDATION OF COMMODITIES AND STOCKS MAY PRODUCE SOME "BARGAINS" ... SOONER OR LATER.
BUT IT WILL BE HARD TO TELL WHICH COMPANIES WILL SURVIVE THE COLLAPSE OF THE DOLLAR...AND THE US ECONOMY.
THE RUSH INTO THE DOLLAR WAS PROBABLY THE MOST ANOMALOUS THING WE HAVE SEEN YET...
BECAUSE IT SHOULD BE CLEAR TO ANYONE THAT THE PRINTING PRESS IS THE ONLY WAY OUT FOR THE AMERICAN ECONOMY...
AND THE FED IS "PRINTING" MASSIVE AMOUNTS OF WORTHLESS PAPER DOLLARS DAILY...
WHAT ELSE CAN THEY DO AT THIS POINT...? THEY ARE THE NEW WIEMAR REPUBLIC!!
REMEMBER... THE HYPER-INFLATION WILL ALWAYS "SEEM REASONABLE"
....BECAUSE IT WILL BE SEEN AS A BAILOUT OF SOMETHING THAT IS CONSIDERED "TOO BIG TO FAIL."
"TOO BIG TO FAIL" WILL BE THE LAST WORDS OF THIS DYING GLOBAL ECONOMY!
STAY TUNED...
