Its a Tinfoil Hat Conspiracy

by Martin Armstrong
Armstrong Economics
QUESTION: Today employment came with 195K.
1- If Europe is imploding, China slowing, Emerging markets slowing, is the US employment story sustainable?
2- After the governments bond collapse beyond 2015.75, could USA devalue the dollar and make a combination of bond default with a new currency?
3- Is physical gold in the allocated form in a Bank a safe way to keep it?
Thank you very much.
ANSWER: The question ASSUMES that people on Capitol Hill even agree there is a problem. If you try to talk about stuff like that, they will NEVER listen and look for the tinfoil hat. These people are in “power” and the idea that they are the problem does not cross their mind. They do not even consider a default, devaluation, or a change in currency. You are assuming WAY TOO MUCH mental capacity.
These types of economic crisis unfold in slow-motion. It is not rapid in the least. Each event is like a domino. One must push the next down. We MUST see Europe and Japan fall first. That puts the pressure upon the dollar sending it higher, and that turns the US economy down as was the case between 1981 and 1985.
Continue Reading at ArmstrongEconomics.com…
Source: http://financialsurvivalnetwork.com/2013/07/its-a-tinfoil-hat-conspiracy/?utm_source=rss&utm_medium=rss&utm_campaign=its-a-tinfoil-hat-conspiracy
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