Wednesday, April 3, 2013

Budget Deficit Exploding Out of Control: John Williams

http://www.jsmineset.com/2013/04/03/budget-deficit-exploding-out-of-control-john-williams/

Williams notes, "The big problem is the government is insolvent in the long term."

Williams says the U.S. dollar could start selling off in May because of a deadlock in Congress on the budget.

Williams predicts, "The global markets are looking for the U.S. to address its long term sovereign solvency issues.

That's not going to happen. . . .

In response, it's going to be off to the races with a dollar sell-off.

That could be the trigger for the early stages of hyperinflation."

Join Greg Hunter as he goes One-on-One in the attached video with John Williams of Shadowstats.com.

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