07 October 2011

Financial Collapse

I think a financial collapse is coming.  I think it has already started and the best case scenario is a lost decade.  Worst case scenario is hyperinflation.

How people will react to it is the big unknown.  Collapses have happened before.  Rome collapsed into the dark ages, the USSR collapsed into despotism.  Chile collapsed into Pinochet.

History may not repeat itself, but it rhymes....

2 comments:

Fester said...

I believe hyperinflation will raise its ugly head... how can it not with the Fed monetizing the debt.

Anonymous said...

Clearly there is a storm coming.

Let's get ready for it.