5 Steps To Financial Meltdown
Step One: Benny The B tells the world America no longer needs tax receipts or requires borrowed money to fund government spending.......welcome to outright deficit monetization via QE 1, 2, 3, 4....and my what a large deficit we have......
Step Two: The World slowly stops accepting U.S. money for trade, threatens to cut off vital trade resources and curtails inflows of American currency
Step Three: The U.S. president is forced to get on a plane with a large group accompanying him and threaten foreign countries that if they don't accept our currency, we will force them to one way or another
Step Four: somebody sends off a warning shot...nobody really knows who.....and if you really think about it...... noboby ever does.....and in the end it is not important.
Step Five: Let's hope Benny The B is stopped before we get to this one......and we can leave it at that.....
Before many Fools thought Alstry was crazy......now the world is becoming Alstry.