Otherwise known as a global credit freeze. It's coming soon, to a bank near you - by design, of course! It will all be blamed on the 'havoc and chaos', see my blog entry 'How it Happened', and as such will cause untold misery and possibly death for millions/billions. Only those who do not depend on credit/banks/on-line dealings will avoid the mess. People such as small organic farmers, for example.
Here's a Tweet exchange I had with Jim Rickards:
@withoutwax4
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