The recent suspension of the debt ceiling will allow the government to take the necessary steps whatever they may be to avoid financial system implosion. At this point as crazy as it is, it remains in the best interest of other world governments to accept the insane level of debt be further grown to avoid immediate meltdown as other countries continue to prepare a shadow infrastructure to that of the US so its implosion does not affect everyone else as severely .

After the year passes, if the issue of the debt ceiling is even raised, its elimination will be given enormous credit for stabilizing and even improving (even if all the stats are dodgy in any case) the economy's performance over the next year.

The way in which the increasing of debt has grown over the last 6 years has conditioned the public and to some extent the world that it is sustainable and indeed been necessary for recovery but it will cause the cost push hyper inflations that Sinclair and other speak of.

The ultimate benefit (and of course the final seeds of destruction) of raising the debt ceiling however will come when its lack of existence is what protects the US from debt default as interest rates rise, and the cost to service the debt would result in the elimination of all other spending. All of the phoney data and everything will be forgotten and with the rise in interest rates required to finance the debt in any way externally causes increased debt to buy what will be considered worthless bonds everywhere else in the world.

At that point the US will no longer be the world's currency and other currency will be required. Chances are that will be the basis for what will cause the inevitable parabolic rise in gold. Whatever gold exists in the US will be expropriated by the US government by whoever may have paper ownership ... possession will become ten tenths of the law. The world will accept that highly inflated gold price as acceptable currency for the US to buy foreign goods in the short term until a basket can be used to start the next cycle of corruption where a 1 world government scheme will be the next way to rob the people through inflationary currency devaluaton.

orgy