Spiral. I'd be dumping anything US related for sure. But even that would hardly matter given how much is tied to us.
I'm not smart enough to figure it out and I doubt anyone else is either. The best ...
Fiat inflation death spiral feels right. It sure seems like the consensus, shown by gold prices. I'm not so arrogant as so say 100% and this is the recession where inflation goes parabolic. I suspect there are more tricks and angles to prop things up longer than anyone suspects.
The last time the worlds super power collapsed in a inflation and debt death spiral with no nation able to take the reins they called it the dark ages. I don't see any nation able to escape and take over because of the treasuries.
The last time the worlds super power collapsed in a inflation and debt death spiral with no nation able to take the reins they called it the dark ages. I don't see any nation able to escape and take over because of the treasuries.