Spengler waves bye-bye to Pax Americana Pacifica.
Look West, folks.
The future is unfolding there.
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Well as was said in the 18th century… worse is better.
Bodes ill for our debt-leveraged, dollar-drowned Ponziconomy. Bodes well for Patriots.
Yes. Crash and burn is the only way to get to the solution. Pro: Fast results and certainty is Inevitable. Con: painful and filled with misery.
In we must go.
Yes.
All in.
You missed that part about Asia now buying up more of China products then us. China will have a hard landing for many of the same reasons we are going to be destroyed, but they are in a better position then we are to effect a recovery. They have spent years stock-piling hard assets like copper and gold while we have been selling that stuff off.