How The Financial World Resets
Gary Christenson
GoldSilverWorlds.com
April 21, 2015
The global financial world is increasingly unstable and approaching a reset. A few reasons why:
Global debt is approximately $200 Trillion and rapidly increasing. Debts are either paid or defaulted. Default seems likely – either directly or via hyperinflation.
Global derivatives are, depending on who is counting, around $1,000 Trillion. Derivatives were at the center of the 2008 crash and are even more dangerous now.
Speculation, debt, and “printing currencies” have been excessive in many countries. Other similar periods of excessive speculation were 1929 and 2000. “Printing currency” has never solved problems.
So how does the financial world, as we know it, reset? Let’s speculate!
The Big Bang Scenario
Nuclear war creates a Mad Max scenario. The US and Russia have the means and opportunity. I trust they do not have the motive.
Extended conventional war that starts small and expands, ends an empire, and destroys several countries and currencies.
Financial or economic collapse occurs. If credit collapses and businesses aren’t paid for products and services, the distribution system could temporarily shut down. Contemplate empty grocery shelves, empty gasoline stations, electricity and water outages, empty ATM’s, and EBT cards that don’t work.
I think we can all agree that the “Big Bang” reset is undesirable. Let’s trust that we reset under the “Whimper” scenario.
The Rest…HERE
