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August 9, 2010 / Hal (GT)

Economy Heading for a Systemic Collapse into Hyperinflationary Great Depression


This interview is a must read: Economy Heading for a Systemic Collapse into Hyperinflationary Great Depression.

When Fed Chairman Ben Bernanke admits to seeing an “unusually uncertain” economy ahead, it’s pretty terrifying to imagine what he’s really thinking. What John Williams envisions—and he’s by no means looking to the far horizon—is a systemic collapse, a hyperinflationary great depression and the cessation of normal commerce. Despite that bleak outlook, however, when the economist and editor of ShadowStats.com sat down for this exclusive Energy Reportinterview, he also had some good news.

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