why martis is worried, page-71

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    Alan the US will eventually default.

    Real inflation there is running about 5-10% and will only get worse. America won't stop lending or print money so hyper inflation is on the cards. With that level of inflation interest rates must go up. When they do America has no chance of servicing their loans. They are barely able to service them now and thats mostly with borrowed money(Ponzi scheme people are talking about).

    Markets will collapse way before the economic system does.

    We are going to see more artificial intervention, already seeing it with the ECB helping out European countries with the recent announcement and foreign countries stating they'll continue to help the US. So IMO in the short term(weeks) things are going to be nasty but should settle. After that most probably a rally towards the end of the year. After that in the longer term .... Chaos! Hedge into GOLD and SILVER.
 
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