Monday, April 8, 2013

Debt-tastrphe



It's looking more and more like all of the conspiracy theorists and bankster alarmists have been correct. I still can't exactly peek behind the curtains, but I an familiar with the Secret of Oz. BusinessWeek (via Bloomberg?) and Fox Business (with really crappy link/references) have stories about the Chinese debt situation, which should evolve into a crisis if they want to follow the Western models.

WTF? I've been asking for quite some time as to who all the money is owed to if all the richest nations on the planet (besides Germany) are all deep in debt. Looks like the world wide web is a Web of Debt. I hope some people eventually get to inhabit all those ghost cities before they rot with neglect. Check it out...

 

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