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Old 09-21-2009, 05:57 PM   #2
lucrum
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Join Date: Sep 2008
Location: Norway
Posts: 209
Default Re: WARNING: Deflationary Collapse Dead Ahead ~ KARL DENNINGER

He mentions the US, but this will add a domino effect through out the world. US debt must come from somewhere, and defaulting it would mean a huge asset loss for every nation involved.

I am all for letting it fall, sooner rather than later, because of what this man is presenting. Not because he's the one presenting it, not because it is new to me. It's because I feel in my gut that something isn't right..
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