December 19, 2012. 8:00 AM, New York Stock Exchange. It's a cold breezy day on Wall Street, as markets await the Federal Reserve's announcement for QE4...
8:19 AM, Beijing. Chinese officials announce that they can no longer allow Washington to devalue their holdings. "China has no choice but to stop purchasing US Treasuries..."
A futuristic, depressingly realistic video by National Inflation Association.
(S&P500 Index should be 2530, instead of 1530... Gotcha.)
The most depressing scene in the video is Obama making a press conference as the President of the United States as of December 19, 2012. I hope NIA is wrong about this.
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