There's no way the G7 will opt for credit destruction and pay off debts. Jacked taxes, a rapidly shrinking monetary base, all during tepid recovery spell a gigantic deflationary crash on this inflation-addicted economy, just as the boomers retire and cash out from a bankrupt medicare and Social Security?? Not gonna happen. Even though it's the only workable solution to this disaster, politically, it's suicide. Voters simply won't have it. The only alternative is to print. Inflate the debt away and turn fiat paper into confetti. This is it. Canada, America, UK, Germany, France, Spain, Portugal, Japan. Everyone. Done. China, India, and Brazil are the lifeboats. Low-to-no consumer debt. Highly industrialized. Private property rights held up by a strong Government/courts. Low-to-moderate regulation/taxes. I feel like I'm on the Titanic. Jim Rogers, Peter Schiff and Faber are right. What are they gonna do? This crisis could provide the subtext for a One World Currency. Nobody can pay, so the G7 fuck bond-holders, citizens get wiped out, and they devalue the conversion like the dollar was under Roosevelt (41%) to a new, unified currency. National debt resets to zero and Government power multiplies by 10.