Kyle Bass, of subprime- and greeceshorting fame just dropped something that I think people fail to realize the significance of. Italy is the worlds #3 debtor. Who is #2? Japan. Those of you who skimmed through my little neurotic 28-page essay “The end of civilization”(check the about page) or have just hung around here long enough know that Japan is one of the three main disasterzones I see ahead. Prepare for thermonuclear debt meltdown, when this one hits the fan.
Currently Reading
The Fourth Turning by William Strauss, Neil Howe
From Dawn to Decadence, 500 years of cultural life by Jacques Barzun
Churchill, Hitler and the Unneccesary War by Pat Buchanan
The Inflation Crisis and How to Resolve It by Henry Hazlitt
On Democracy by H.L. Mencken
Theory of Socialism and Capitalism by Hans-Hermann Hoppe
Tbe Revolution : A manifesto by Ron Paul
Economic Science and the Austrian Method by Hans-Hermann HoppeBlog Stats
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