Now we see these politicians putting the U.S. on course for “involuntary” debt-default, with their staged shut-down of the U.S. government. Do these same Political Cowards who took the easy way out five years ago have the “stomach” to take their theatrical brinksmanship all the way to its imminent conclusion? We’ll see.
Whether or not “this is it” for the U.S. economy, or whether it “lives” (in zombie form) to die-another-day; there are two important realities which readers need to confront, regardless. The first of these realities is that for those readers who still (wistfully) believed that they/we had “a year or two” before something “really big” (and really bad) happened; you were wrong.
The media propaganda-machine is clear: U.S. debt-default —and economic Armageddon – is just weeks away. And even if such a catastrophe is delayed still further; “the end” could come at any time, and be (at most) a process of weeks, not months or years.
The other reality which readers need to confront is that just like the post-2008 “bail-outs” were merely the beginning (not the ending) of an economic nightmare; so too is a U.S. debt-default. Indeed, it is the beginning of a nightmare-process which requires an entire (and upcoming) sequel to elucidate.
This article is brought to you courtesy of Jeff Nielson From Bullion Bulls Canada.