Consensus. Common wisdom. WRONG!............from Rico

Consensus, common wisdom....well, it's usually wrong.

Despite the prevailing wisdom that the Great Depression started in 1929 because the stock market 'crashed' the real damage was actually done by a bond market collapse.

The bond market started to collapse with Austria in 1931, and it spread like a virus. There was panic as creditors started questioning the loans (bonds) made to ALL countries.

Great Britain, the global reserve currency of the time, had to choose between austerity and devaluation. It chose devaluation.

Today, Greece is Austria and the U.S. is Great Britain.
- And for good measure, this time we have our uber-creditor Red China playing Red China, and Soros playing the Devil incarnate.

Benyamin's famous helicopter isn't big enough.

We're screwed.