Stoneleigh, is one of the best and brightest. I’ve been following her writing for three years and she by far one of the most astute analysts out there, and I read a lot.
With that said, I think there is a greater risk for a “systemic” reconfiguration than she does.
Here predictions could come to pass unless the global financial community decides to change the way the global financial system works. Not that it would be better, just different.
Money, banking and credit has changed very, very little over the past several decades and the outcome of an epochal credit collapse should not be that much different.
The way things add up now, it’s strong deflation leading to hypeinflation as the US will not be about to pay it’s debt or entitlements.
