The Coming Collapse-Or is a huge reset in the cards?

By now we know that the economic collapse is all but imminent, if not already underway.  The big question is "What will replace the debt-based fiat system that we live under?"  Ask 10 economists and you will get  a dozen answers.  Many think it will, by default, be a global currency known as the IMF SDRs.  The problems with this are two-fold:  1. What good is going from one fiat based system to another, even larger, behemoth ponzi scheme?  2. No matter what the SDRs are or become, something has to be done about sovereign debt.  Almost every country, especially the largest GDP on earth, the USA, is at a debt level that can never ever be repaid.  The amount of money needed just to service the debt (pay the interest on the borrowed money) is overwhelming...now think about interest rates...we are paying next to nothing on the borrowed money.  What if the Federal Reserve decides to raise rates, even a quarter point? Look what happened to the stock market the last time (December) that they tried this...splat!!

The Federal Reserve, as well as the rest of the world, has painted themselves into a corner.  They quote jiggered/manipulated numbers to tell the world how the economy is recovering, but behind closed doors they know that those numbers are bogus...they are damned if they do and damned if they don't...either way, the last bullet in their gun is negative interest rates.  

Will they actually go there?  It doesn't matter.  Whether it is sooner or a little later...the jig is up.

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Back tomorrow with more of what promises to be an interesting next few weeks....