What Will Happen When We Hit the Cliff
From Chris Martenson Blogs
December 26, 2012 - 1:52pm
A rising dollar would negatively impacts stock market profits and valuations
Interest rates ultimately will rise, and that will be a game-changer
Investors will eventually realize that "risk free" assets (e.g., US Treasurys) are NOT safe havens
Why there will be few places for financial captial to find shelter in 2013
If you have not yet read The Structural Endgame of the Fiscal Cliff, available free to all readers, please click here to read it first.
In Part One, we covered the basics of wealth and political power in the U.S., and found that the fiscal cliff is only a symptom of a structural endgame where the imbalance between what has been promised and what can be collected in taxes will continue growing until it triggers a financially driven political crisis that I believe will inevitably become a full-blown Constitutional crisis.
Though there are many f...Continue reading this article »