QUESTION: Hi Mr Armstrong,

i m still an avid reader of your blog.
a question occured to me when i read your article on vulture funds.

do you think that it is possible that a general failure of economy is organized (or at least pushed )?
i mean it would create a captive market for the benefit of USA . If countries start to become autocratic and start stealing money directly from private bank accounts i m pretty sure the money will flee to “safe” countries (or supposed safe).

thanks

ANSWER: No, there is no real conspiracy. You are attributing way too much intelligence to these people. They are simply out to make money to produce high returns by screwing anyone they possible can. They have played this game now on Puerto Rico. There will try it against states and municipalities. They will often buy the debt at a huge discount and then use teams of lawyers to try to force full payment. They are very much playing the same role as the Roman army did in the collapse of Rome – they cannibalize their own country for immediate gains.