And yet as we noted here, S&P's current rating on Greece is CCC, and its rating on the US is AAA.
For those still unconvinced that the US is on a collision course with a major currency crisis, John Embry pretty well sums things up when describing why the US will collapse into hyperinflation:
"No one wants to be in charge when the shit hits the fan."
Yup, that pretty well sums up QE1, QE2, QE3, QE49...Quantitative Easing to Infinity....AND BEYOND.
No one wants to be holding the wheel when the system goes belly up, so those in power will do EVERYTHING they can to extend the timeline, and the only way to extend the timeline is to PRINT.
Click here for Embry's latest interview from KingWorldNews:
