I am now in illustrious company…

Zerohedge raises the possibility of … gulp… war…

http://www.zerohedge.com/article/treasury-redeems-144-billion-bills-first-four-days-may

At that point the only buyer of US debt will be the US itself. Which will lead to the final outcome of massive consumer deflation as economic collapse finally strikes home, coupled with asset price hyperinflation, as a gallon of oil hits $10 (and helping the Dow hit 36,000). And as this is not an equilibrium state, the outcome will be, as it always is in these situations, war.”

You know my position. Global conflict by 2013/2015 and this one will be on par with previous world wars complete with scores of unemployed people sent to the front, civilian industry turned to war industry as well as food and energy rationing.

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