“The primary events are fairly predictable: they would include major collapses in the bond and stock markets and possible sudden deflation (primarily of assets), followed by dramatic inflation, if not hyperinflation (primarily of commodities), followed by a crash of several major currencies, particularly the euro and the US dollar. The secondary events will be less certain, but likely: increased unemployment, currency controls, protective tariffs, severe depression, etc. But, along the way, there will be numerous surprises—actions taken by governments that may be as unprecedented as they would be unlawful.”
https://www.internationalman.com/78-global-perspectives/1052-a-glimpse-into-the-coming-collapse
Related posts:
The Hidden History of World War I
Pete Guither: Musing on this day
Paul Rosenberg: 'Production Versus Plunder', Part 6
Jacob Hornberger: Master and Servant
The War on Drugs Is Far Deadlier Than Most People Realize
IRS Reporting Rules for Cash Transactions and Precious Metals
The Fiscal Cliff's Structural Endgame
Detlev Schlichter: Some personal thoughts on surviving the monetary meltdown
Jeffrey Tucker: 3 Important Lessons from a Canadian Border Crossing
Washington’s Pax Americana Cartel
Will Grigg: The Protected Predator Class
The Reason Police Brutality Is Rising
Seeking a Bolthole Community
Bernanke "The Only Game in Town": Really?
What Currency Controls Mean for You