ZeroHedge – When The Defaults Come, So Will The Wealth Grab – 5 July 2014

ZeroHedgeThe biggest problem with the epic Central Bank rig of the last five years is that propping up a bankrupt financial system by printing money only works for so long.

The reason for this is that no one, whether it be a country, company, or person, can defy mathematics.

A loan can be extended, it can be restructured, or it can be finagled in countless financial ways. But at the end of the day, if your creditors lost faith in your ability to repay it… it’s GAME OVER.

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