There are people here who will love to say we are going to hell in a handbasket in the morning and give no rational for such a view
The figures dont lie
Do you now see why mark Faber and the like, and others here on HC, are saying, what they are saying, it is game over, DEBT has won, evil has conquered good, the sky actually is falling, the fiat experiment didnt work.
But the world will still turn, the sun will rise in the morning, commerse will still be done, and people will survive, the pain we will soon feel will be like a cleansing fire.....heralding in a new age.
This new age will be built on solid foundations and honest money, where those elite who control the world and pull its strings, wont be able to.
I have been warning of the US and the Worlds debt problems for years.
this article says it well
http://www.321gold.com/editorials/dougherty/dougherty012210.html though there is one error in this IMO.
What are your thoughts now, do you still think things are OK, and that the debt ratios are not a problem.
