just out of curiosity guys, we know the world is drowning in debt both govt and corporate debt, and global growth is slowing and % rates are falling everywhere in a race to the bottom , euro zone is doing more QE, japan doubles its money supply every few months now, how do you guys think the world will bounce from this.
Lets say this pans out like peter Schiff and Gerald celente says and there is another great depression but much worse, the TOO BIG TO FAIL who are the majority of SP500 companies are allowed to go broke in an effort to clean out the system ok, what than?
and lets say the US loses its US$ reserve status and it goes to china who bring in a gold backed renimbi, what than?
how will the "new world order" bring back growth? start a NEW QE but with the chinese currency?
how will the powers that be eventually start growth going after this coming great depression?
will they invent some new financial trick? or will the USA simply do a RE SET on global debt and write it all off, or most of it off, and start all over again?
