Tagged: gdp

For elderly women who cut coupons in order to survive in their Florida apartments;  for pensioners accustomed to monthly checks;  for those who were saving for that condo in Tucson, the world as they have known it will be gone.  Although politicians cannot say it for fear of generating public panic, the globe is so awash in debt that fiat money, cash reserves and savings will all be in a perilous state in the not too distant future.