Spengler waves bye-bye to Pax Americana Pacifica.
Look West, folks.
The future is unfolding there.
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.
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.
Enter your email address to subscribe to this blog and receive notifications of new posts by email.
Join 1,308 other followers
Get every new post delivered to your Inbox.