well we will see, rising interest rates will send the yanks into a money printing panic. The west will short commodities the east will buy it at a break neck speed, to cover the banks will have to cover the shorts leading to huge losses.
if they need a bailout the govt will have to hit already stretched debt markets, tails will be large in the bond markets triggering higher interest rates. To be fair China India and Russia could economically defeat the west without a shot being fired and I reckon they are well on their way to doing it. Why else would Janet Yellen be flying all over the place trying to sure up debt funding. The gold and silver markets are showing the money flows and it isn’t the west buying it, it’s the west shorting it.
anyway, that’s just my thoughts. I don’t mind the chicken little reference, it sounds like it can’t happen, until it does.
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