Post
Topic
Board Economics
Re: Martin Armstrong Discussion
by
Afrikoin
on 12/09/2015, 22:51:14 UTC
So the plutocrats WANT governmental default and deflation? Interesting. Never thought of that as a wealth grab. But I suppose it would work. They just need to get rid of any debt they have and loan as much money as possible to people (with the people's houses, land, and future earnings as collateral.) Holy shit. I'm going to pay all my debts ASAP and stack cash. That sound pretty scary. But I still think a default would end up weakening the currency.

Yes. Sorry I was going to get around to responding, but I got bogged down by some crap in the Altcoin discussion thread.

2015.75 is well underway as Brazil was downgraded to junk bond rating:

http://www.armstrongeconomics.com/archives/37119

thought of you TPTB when i saw this on the news