It is going to get Medievally brutal.
Ah well. Not my problem. And..... breathe.....
I think it's going to be everyone's problem and, like an iceberg capsizing, when it happens it'll happen very quickly.
Admittedly, von Greyerz is trying to sell you some gold here but his apocalyptic predictions aren't too far short of reality - and you can't eat gold.
There are lies, damned lies, and economists. Whether these economists work for the government or a bank, they spend all their time on the computer extrapolating current trends with minor adjustments.