Sunday, February 10, 2013
That takes us to today. The Tranquility State. Many of us believe the effort being made to kick the can down the road is going have problems, perhaps even fail. Even if it fails most of us really don't understand the full ramifications of failure. Perhaps we have some hard times for a couple of years and then slowly return to America of today. With a slow down we may have to endure some decrease in Military spending......10%?..20%....40%.....Do we close bases overseas? Do we slow down new weapons systems with tens of thousands of high paying layoffs....and for how long? Do we bring home tens of thousands of troops from overseas? Many fiscal conservatives want to exercise budgetary restraint, but the programs being discussed to cut hardly make a dent in the 200 Trillion in unfunded mandates and direct debt. If one believes in Nature's law of mathematics then you meet "the problem". If we cut the budget across the board just 10%........we go into instant depression. You won't be accessing health care. You'll start experiencing major shortages as supply chains begin to break down. If we don't cut the budget at least 10% then we will keep adding to an already impossible debt equation. Either way we are going over the cliff. 10% will not even correct the math... Default, deflation, hyperinflation, stagflation.........these are all on the table. I'm not going to dig a hole in this post trying to look into which one we get. We're going to get all of them. They're all unavoidable.
In deference to Budfox, it is truly such a problematic math problem that ANY paper vehicle including the PM miners pose a risk to you......SO BEWARE OF PAPER........THEY HAVE COUNTERPARTY RISKS. Including so called blue chip companies OUTSIDE of the precious metals sector. We're truly in no man's land so if your think that we wind up with some type positive outcome then send me your kool-aid recipe. They didn't order up 1.9 billion rounds for the homeland because they believe its going to end well. NDAA isn't there for the "turnaround". I'm going to the Big Casino for couple of days and will give the boyz my best. gl
Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote. Ben Franklin
Posted by kliguy38 at 9:17 PM