Quote:
Originally Posted by sperbonzo
I'm not talking about default. I"m talking about collapse. And that is a VERY long process.
Keep an eye on japan in the coming years. If they do not default, they will need to either go into VERY SEVERE "austerity" programs, or there will be hyperinflation of the yen (similar to the weimar republic).
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I know that's the fantasy. And we have been waiting for this hyper inflation for quite some time now and nothing.