"It's inevitable the US is going to default."
This is seriously one of the best videos I've seen in a long time.
Emergent's David Murrin breaks down the global economic situation for three ditzy talking heads. It's more hilarious than the telenovela goin down inside the beltway.
"It's very simple, its (America's) empire system, its financial system is in decline, we've seen very little growth for over a decade apart from financial engineering and leveraging, which ultimately caused the debt crisis of 2008," Murrin said.
Defintely must see tv.