Really, the only way to unwind the debt, re-balance the economy. I think it’s inevitable. When it does come, I think it’s gonna bury a lot of businesses, hurt a lot of people, wipe them out.
One thing, I’m still confused about the timing and mechanics, job market sucks, no wage pressure, deflationary economy, at least here in US, so how does US currency devalue?
Geo-political event? Financial crisis? US is still the world’s ‘Safe Haven’. How does the currency unravel? What’s the end game? I need to know so I can convert over to Mexican Pesos…
