X22 Report, “The Election Economic Surge Has Faded,
Data Shows Something Horrific Is Headed Our Way”
"So whatever you think now about the French election, or the fate of the EU, is liable to change as the great debt crack-up of our time finally gets underway and suddenly every nation has to scramble desperately to keep itself together. That magic moment may be at hand this week as the US congress returns from Easter recess to face its budget and debt ceiling dilemmas. If the credit-worthiness of this country takes a wrong turn, it will upset the global currency system. In fact, it will rip a hole in financial time-and-space into which the presumed value of all sorts of things represented on paper and computer drives will disappear, never to be seen again."
- James Howard Kunstler, April 24, 2017