All eyes are on Germany. On September 12th, The German Federal Court will decide if the EU bailouts are constitutional. Everyone is waiting to see what will happen. I suspect they will rule the bailouts are unconstitutional and trigger a massive market selloff. This will confirm that there will be no money for a 3rd Greek bailout or to save Italy and Spain. Defaults will start to happen and money will disappear faster than Bernanke can drop it from helicopters. You see, Germany is the only country that can actually bail them out and everyone knows it. The problem is that almost 80% of the German public is against it because they either remember or have heard stories of Weimar Germany and bailouts at these levels most likely will result in hyper-inflation, something they remember all too well and which gave birth to the Nazi party. If for some reason they deem the bailouts constitutional, expect inflation to take hold. The problem with this is that Germany only has so much to lend and will eventually end up in danger of defaulting themselves at some point. I believe that while we don’t know what will ultimately happen on Sept. 12, we can confirm that this is a check mate situation. Neither outcome will be pleasant, it’s just a matter of which one will be the one that ends up in the history books. I’m preparing my subscribers to prosper in either environment. It could be an exciting end to the year for those prepared.