[Essefsbyday]

We're not watching a decent into Mad Max here.

We're seeing the results of deregulation and anti-government policy which will result in a credit crunch and a rather bad recession but that's about it. The dollar will likely keep sliding especially if the government doesn't cut spending or raise taxes to pay for this $1 trillion in additional spending. My fear is they won't be able to borrow enough and will have to resort to printing money which would suck royally but what else can we expect?