By Gail Tverberg: Deflationary Collapse Ahead?

We might bump along for another year or two but my guess is that Gail Tverberg is right and it’s time to tighten our seat belts.

I called my bank’s “expert” today to inquire about the new bail-in law. “Yes it was passed by the Canadian government. No I don’t know if there is a cap on how much of your savings can be confiscated in a banking collapse. But don’t worry, the Canadian system is very sound”.

Idiot.

Deflationary Collapse Ahead?

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