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To: expat_panama

The break will occur in the junk bond (”High yield”) market. Some of these are now unpayable due to collapsed oil revenues that have just become unhedged. Other yields bumped up nearly 3% when the Fed raised to 0.25.

This crash or default in bonds will crush the earnings of Pension funds. Government will print to the moon to ensure Government pensions get paid.

Fiat currency will unravel, plummeting to its true value.

Buy Silver, Gold and make the usual Freeper preps.


3 posted on 02/17/2016 4:23:05 AM PST by agere_contra (Hamas has dug miles of tunnels - but no bomb-shelters.)
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To: agere_contra
Fiat currency will unravel,

Yelling a four-letter word beginning w/ 'F' may be great at a New Hampshire rally but in the adult world we try to make sense.  Reality is that all money is set by gov't fiat.  If it's not gov't fiat it's bartering.  When someone pretends and insists that his gold or his silver or his palladium is some how "real" money and my dollar bills are not --it's well, delusional.

7 posted on 02/17/2016 4:35:32 AM PST by expat_panama
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