You are so right! I think the political class knows what is coming due to their own meddling in the economy and plundering of the taxpayers.....A complete economic collapse. Of course I have been on a economic reading binge of late, so am pretty immersed in it right now. We have no real leadership because they are afraid to stick their necks out and let people know the truth and that the only way out is going to be painful for all......but a total collapse will be worse...much worse.
Interest rates will have to rise and when that happens this house of cards could easily collapse.I wanna know who will buy the debt and at what price interest.