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Re: HKipp1 post# 42791

Tuesday, 12/21/2010 10:22:33 PM

Tuesday, December 21, 2010 10:22:33 PM

Post# of 173290
The good thing is that China venerates the elderly so he should help in that regard.
I am anxious to get this done sooner rather than later as some experts see rough times within the next 6 months.
See http://www.shadowstats.com/article/hyperinflation-2010.pdf

Economist John Williams has been warning of an economic collapse for a few years. In his latest Shadowstats.com report, he says, “. . . the U.S. remains the proverbial elephant in the bathtub in terms of pending effective sovereign bankruptcies.” Williams thinks it will all hit the fan within 6 months and is predicting a dollar catastrophe. Europe is a sideshow to the coming main event. Williams says, “The various European crises remain an intermittent foil for the U.S. dollar, pulling market attention away from the unfolding solvency crisis in the United States and a likely move to massive selling against the U.S. currency. Accordingly, high risk of the early stages of a hyperinflation (see Hyperinflation Special Report) beginning to unfold by mid-2011 continues.
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