The greatest debt bubble in the history of the world has started to implode, and the end of this "mega-cycle" is going to cause an immense amount of pain. But if every other element of our society was strong, we could survive that.
It may surprise a lot of you to hear me say that, but it is true. If all that we were facing was an economic collapse, it would cause an enormous amount of turmoil in this country but we would make it through.
Unfortunately, we are not just facing an economic collapse.
I like to call what we are facing "the everything collapse", because virtually every element of our society is steadily breaking down right in front of our eyes.
So once our economic and financial systems implode, it won't just be a matter of patching them up and returning to "normal", because "normal" doesn't exist anymore. READ MORE
