At this video Ron Paul offers:
“Default is coming. The only argument that’s going on now is how to default, not send the checks out or just print the money. In all countries our size, they always print the money. They’re going to raise the debt limit, and then they’re going to print the money, and then they’ll default by inflation, and that’s much more dangerous than facing up to the facts of what’s happening today.”
The ole Johnny Lydon (Rotten) lyric comes to mind:
I could be wrong I could be right
I could be black I could be white
I could be right I could be wrong
I could be white I could be black
Paul is a smart guy, and clearly there are big problems, but when it comes to betting your capital…a trend following system sure seems more pragmatic over predictions.