So printing to achieve those inflationary goals is not a default at all, except for people that can't read
i am figuring on enjoying myself watching you not being defaulted on, messily, massively, and, starting at the lower secured debt tranches hiding within your pension and insurance plans, weaved into your social security schema, and latticed onto your taxation convolution, say starting with the automotive debts that are so structured on to above plans, schema and convolution, and then progressing to the agency papers (foreigners only own 18% of fannie and freddie papers)
by the time t-bills, t-bonds, t-notes get hit, only the domestics and japanese would be holding usd, because the british will likely have gone bankrupt and eu will have decoupled, at which time canada would not even know you and australia will not bother
that would be the natural progression of "not a default at all"; so, please stay still and hold on to those dollar 'savings'
recommendation: getgold, pileplatinum, and pray so as to bettter prey |
