Argentina has Defaulted , America on its way

Pre-Crash Bubble Shows Unavoidable Failure of U.S. Economy! And now, it's official that Argentina has defaulted. A sign of what's to come in many other countries.Why The Fed Can't See A Bubble In Equity Valuations The Latin American Crisis was caused by massive amounts of government spending, leading to extreme deficits and high inflation. "An economic contraction of 3.5 percent, annual inflation of 41 percent and a drop in consumption of 3.8 percent will be the indicators at the end of 2014 in the event of a default Europe has just experienced the biggest sovereign default in history The world’s most indebted country is ancient power Greece, with general government net debt that is 173% of its GDP

Defaults are looming throughout the world with ever-increasing amounts of debt. This CANNOT be paid back because of the system designed specifically to continuously get into more debt. There is only one way to go and that's down. Just as Europe is falling, other countries will fall as well. It's UNAVOIDABLE

1 comment:

  1. Good riddance to American Crapitalism, Good-bye stinking dollar! Give back Germany's gold!
    Hasta la victoria siempre!


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