Mid-October, it's going to crash and burn along with commodities, derivatives and shipping futures.
This is it. This is your big boy, the one we've been warning about since 1998.
Kiss the Kwa goodbye, it's going to leave an oily sheen on the sidewalk when it is over. There isn't enough capital in North America to service these debts.
They'll admit to 14 trillion dollars. The real figure for obligations is more like 150+ trillion dollars in debt that is about to get called in. That's endgame for the nation formerly known as the United States.