Leading Contrarian Economist: “We Are Coming In On The End Game Here”.
To say that the U.S. economy is in trouble would be an understatement. According toShadow Stats economist John Williams, we may be on the very cusp of a crisis so severe that it promises to re-write the entire paradigm. Debt is out of control and foreign holders of U.S. Treasury bonds are getting antsy. Nowhere is this more obvious than in China and Russia, where leaders of the globe’s other super powers are feverishly working to distance themselves from the U.S. dollar by establishing new monetary relationships that completely bypass the world’s reserve currency.
A loss of confidence in America’s ability to manage its fiscal, economic and monetary policy coupled with a continued slowdown in growth could soon reveal what Williams calls “the end game.”
It’s coming sooner rather than later suggests Williams in a recent interview with Greg Hunter’s USA Watchdog:
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