Marc Faber Discusses U.S. Debt Default and Hyper Inflation
Interest-Rates / US Debt Mar 04, 2010 - 05:02 AM GMTMarc Faber sets out how he expects the U.S. will handle the growing debt mountain by first monetizing the debt, then defaulting on interest payments to foreigners as the U.S. inflates the debt away through high inflation or even hyper inflation.
Inflation Mega-Trend Forecasts
Despite UK inflation nearly doubling in 2 months and catching virtually all of the academic economists and mainstream press journalists / pseudo economists off guard, we still remain at the very beginning of the Inflation Mega-trend.
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