The Largest National Economy With The Largest Financial Problems

Dear Comrades In Golden Arms,

Exogenous events that cause slower economic activity of duration for any reason, be that the bankruptcy of Chrysler Motors, General Motors, or influenza results in:

The largest national economy has the largest financial problem.

Lesson here:

1. Great expenses for both Federal and State governments.
2. Drastically lower income tax receipts both for Federal and State government.
3. A ballistic rise in the US Federal and State Budget Deficits.
4. Lower business activity across the board at a time when bankruptcy is being held off by Federal contribution of taxpayer's funds for all major financial institutions.
5. Increased bankruptcy in the too "small to matter" category.
6. Followed by bankruptcy filings of municipal debt.
7. All of which will be factored into the LARGER NATION, this time as having the LARGEST FINANCIAL PROBLEM, breaking any technical flows or safe haven characteristics of the US dollar.
8. Gold rises to Alf Field's numbers on Martin Armstrong's timing.
9. Hyperinflation never occurs in good business conditions. It never has and never will. It occurs in the midst of the worst business and political circumstances possible, but then no one seems to get that key fact.

Armstrong's timing was both April 19th and again in June.

Lesson here:

The larger nation has the larger financial problem.

Note: A two month bankruptcy period would set jurisprudence history as no sitting bankruptcy judge would have time to even say his own name in that period.