Monday, November 26, 2012

Debt Ceiling Eliminated

Well, not yet....but it is coming.


Now, if he thinks this will solve the problem he is more of an idiot than I thought. The rest of the world will see that we are fiscally irresponsible (which they are starting to believe) and will sell off any dollars they hold. If that happens the trust in the USD will drop like a rock. You will see runs on banks, but that will be too late. We will head into a hyperinflation where we will be seeing prices changing daily or even every few hours. Look at Zimbabwe, or Wiemar Republic.

Tangibles
Gold
Silver
Food
Ammo
Real Estate

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