Economic Collapse

Big Inflation Coming 2, by Adam Hamilton
http://www.zealllc.com/2009/biginf2.htm

“The bottom line is the panic money-supply growth in the US has been very excessive, running at multiples of economic growth. And in the case of narrow M0 money, the doubling in 4 months is literally unprecedented. It scares me. With so much new money in the system, and the Fed totally unwilling to undo this terrible inflation over the 6 months since, rapidly rising prices are inevitable.

We’re on the verge of the first inflation scare of the modern era, a time when epic panic buying into hard assets and their producers is increasingly likely. Investors who ignore these dire tidings will probably get crushed by the inflation. But investors who prudently study the dangers and deploy their capital to thrive in them will make fortunes. Mark my words, the money-supply data shows big inflation is coming.”

Remark: Remaining fear-less is the best medicin against all crises.

A friend of mine just sent me this article. I’m glad he did. This is a very to-the-point no-bullshit kind of article of the Austrian School from Asia Times Online. My only wish is that journalism i Sweden and the rest of “the west” would be as up front as this…

Dollar’s fate written in history, by John Lee
http://www.atimes.com/atimes/Global_Economy/KF04Dj03.html

Debt-based monetary systems are inherently unstable. Money is created out of thin air by the banks and lent to government, consumers and businesses. In order to service and repay those debts, the borrowers take on more debts. Asset prices are inflated, and the vicious cycle continues until the debtors are unable to borrow or the banks are unwilling to lend.

At that point the system snaps, everything is sold off, and we have a financial crisis at hand. Here, we examine what happens to equity and currency markets in the aftermath of financial crisis and deduce what will be the likely outcome for the United States as it emerges from the present crisis.

by Ellen Brown

Global Research, May 19, 2009
http://www.globalresearch.ca/index.php?context=va&aid=13673

“It was horrible. Horrible! Like lightning it struck. No one was prepared. The shelves in the grocery stores were empty. You could buy nothing with your paper money.”
– Harvard University law professor Friedrich Kessler on the Weimar Republic hyperinflation (1993 interview)

Comments by Jim Sinclair on the article below:

How the World Will Look in 2012
In the effort to protect you from all contingencies, it appears the writer of this article has come to a perfect summation of the ‘What if it all hits the fan.”
You have the key to everything written by Armstrong. You have Alf’s important pronouncements. Now print out and put on your bulletin board how the world will look in 2012. PLEASE STUDY THIS IMPORTANT ARTICLE.
Respectfully,
Jim

The Worst Case Scenario (Someone Has to Say It)
http://seekingalpha.com/article/134820-the-worst-case-scenario-someone-has-to-say-it

Well worth the time to read.