Archive - Sep 29, 2012 - Blog entry
More Unintended Consequences of Fed Intervention: Killing Germany's Exports and a US Debt Bubble Implosion
Submitted by Phoenix Capital Research on 09/29/2012 10:22 -0500
Let me be clear: if US Treasuries collapse, then the US has lost credibility in the global markets and we’re going to face a currency Crisis. I am not saying that this will happen right now. Europe could always implode first, buying the US some time. But at some point the US debt situation will lead to a Crisis. And the Fed is pushing us ever closer to this with QE 3.




