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Where Will You Go When The Sovereign Debt Volcano Blows? (via Socio-Economics History Blog)

We have to trust in Divine Providence to put us in the right place, at the right time. There is no where to run to. A good common sense start would be to get away from the major cities. When this mess blows, it will be spectacular.

Where Will You Go When The Sovereign Debt Volcano Blows? Private bankster debts have been socialized and this is leading to a sovereign debt crisis. The amount of public debt which America carries is in the region of US$100T-200T when you include Social Security, Medicare, GSE debts, unfunded liabilities, off balance sheet items..etc. The debt to GDP ratio of most Eurozone nat … Read More

via Socio-Economics History Blog


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