Loan Modification

I know I've suggested before that John Williams of the highly regarded Shadowstats.com site might be better at collecting data than interpreting them (something to do with that silly hyperinflation idea) , but I figured if I asked Stoneleigh to weigh in on a recent interview with him, she might just hammer that point home better than I could at the moment. There are quite a few voices out there who -sort of- see what's going on, but who most of them go completely astray when it comes to the interpretation of the data; to what will come after. Stoneleigh and I have never had any doubts, other then in timing, i.e. another taxpayer trillion dollars straightening the ship for another month. John Williams sees a lot of it, which makes him an interesting guy to listen to. But on the flipside, he misses out on some of the perhaps most crucial parts of the entire story. Which is a shame.