Moral Outrage
Whew! God help us!

Posts Tagged ‘hyperinflation

The undeclared creeping US bankruptcy

January 5, 2011

In essence the US is bankrupt, but how will it go about filing for bankruptcy? There are 2 ways – one is to default on its debts. This would create a massive convulsion and crash the markets, leading to an almost instant depression. This is not so attractive to politicians or the elites as it […]