Monday, December 14, 2009

This Will Make Your Day....

...but only if you delight in doomsday stuff.

The U.S. economic and systemic solvency crises of the last two years are just precursors to a Great Collapse: a hyperinflationary great depression. Such will reflect a complete collapse in the purchasing power of the U.S. dollar, a collapse in the normal stream of U.S. commercial and economic activity, a collapse in the U.S. financial system as we know it, and a likely realignment of the U.S. political environment. The current U.S. financial markets, financial system and economy remain highly unstable and vulnerable to unexpected shocks. The Federal Reserve is dedicated to preventing deflation, to debasing the U.S. dollar. The results of those efforts are being seen in tentative selling pressures against the U.S. currency and in the rallying price of gold

--John Williams of Shadowstats, quoted in ZeroHedge.

Just in case: Buy More Ammo!

3 comments:

Deekaman said...

It certainly appears that way, but I just don't see the rest of the world allowing things to get that bad. Regardless of how things currently appear, as the US economy goes, so goes the world.

John Foust said...

You can eat ammo? You can heat your house with ammo?

TerryN said...

Yon CAN keep your food with ammo. You CAN protect your house with ammo...