Saturday, April 10, 2010

Debt denial | The Daily Caller - Breaking News, Opinion, Research, and Entertainment

A glimpse into our future??  I wrote something similar back in September.

 

Debt denial | The Daily Caller - Breaking News, Opinion, Research, and Entertainment

By James Rickards | Published: 04/07/10 at 12:00 AM | Updated: 04/09/10 at 8:42 AM

The sovereign debt crisis has crossed a threshold. It’s no longer about economics. It’s about math and a complex system whose dynamics tell us there is little time to avoid catastrophe and almost no exit. Going forward, elections and policies will matter less as the debt plague takes hold and dictates hard outcomes.

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