Global Banking Collapse Has Begun

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by Chris Black

For you zoomers too young to remember 2008, this is how it starts:

When the SEC calls around, it’s usually too late already.

This is basically a slow motion mathematical train wreck.

There’s always the possibility of printing more fiat, and inflation will go berserk, but that’s how it works.

The alternative is a hard recession and massive federal spending cuts. It would be wonderful for the peasants after a bad year or two as asset prices return to sane levels, but horrible for the wealthy and federal parasite class.

In other words, not gonna happen.

Remember:  usury is a sin, but it’s our fault, as we chose to live in a Godless world.

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