"The future belongs to those who see the future. The only interesting thing to do is start building the future, because nobody knows. They don't have a clue."
World's major powers including China, Europe, Brazil and Russia don't want to 'finance' American military adventures anymore:
http://www.youtube.com/watch?v=D7dH4e8HYFA
What is happening to the world's economy? While the US is still irrationally exuberant, the rest of the world is planning their exit from the dollar. In the most profound financial change in recent Middle East history, Gulf Arabs are planning – along with China, Russia, Japan and France – to end dollar dealings for oil, moving instead to a basket of currencies including the Japanese yen and Chinese yuan, the euro, gold and a new, unified currency planned for nations in the Gulf Co-operation Council, including Saudi Arabia, Abu Dhabi, Kuwait and Qatar. Of course this leaked information was quickly and flatly denied, because nothing is going to be admitted until it is too late. The stock market is going up because equities are a better investment then dollars. Stock prices do not reflect value or confidence in the economy.
It's high time Americans start shifting to a week dollar mentality. The banking elite have been robbing you of the value of your money, and we are about to reap the whirlwind. The G7 is already on record that it plans to abandon the dollar if declines continue. The dollar living on its reputation and borrowed time and the world is quickly awakening to this fact.
We are now facing a looming trade war with china. What is modern America without access to Chinese manufacturing? What is China without American consumerism? Is your job dependent or at odds with manufacturing in China? Is your standard of living dependent or at odds with cheaply manufactured consumer products? The American economy is a classic Ponzi scheme, but is it going to be inflation or deflation? A very weak dollar means all imported goods will be much more expensive. Firstly this means oil. China's currency is still mostly pegged to the dollar, this will not be allowed to continue. As the dollar falls even Chinese goods will become very expensive. The only thing that will be deflated is domestic goods. Manufacturing and farming will be profitable in America again.
The US Federal Government "can not fail" because it will always be able to print it's own money. It is a criminal offense not to accept Federal currency as payment. However, in an unprecedented shift to centralized federalism US states are going to fail. The failed US states are likely to enter into receivership of the Federal Government. We will see martial law and imposed order to handle the chaos from a disintegrated economy and insolvent dysfunctional banking system.
Of course this is all contrary to the constant stream of "green shoots" the corporate media is propagating. They are engaging in a conscience misrepresentation of the facts in order to control debate. However, it is up to each individual to empower themselves with the truth. The throw off the yoke of the gatekeepers and bite the hand that feeds you. Or will you stay down on your knees? Even the second derivative argument has failed. GM sales down by 45%. Forty-five Percent! The industry can not survive that kind of decline. Shit is going to hit the fan hard, but what will the country become?
America has been in a civil cold war since well before the '60's. Like any civil war factions are not clearly defined. Some lines are drawn because of religious fundamentalism, and some due to social-economics. But if/when this war turns hot it will fracture everything we think America is. Now 58 percent of Republicans either don’t believe or aren’t sure Obama is a citizen. Unlike the reasoning of tower 9's collapse, there is hard evidence supporting Obama's birth in Hawaii (such as a birth announcement in the local paper). So why do so many people believe? Because they want to, and that is all that matters for most people. Consider this lack of faith in the president in the context of the influence of extremist evangelical Christians in the armed forces. Could a coup happen? Rome? The military would have to be drastically cut back as the dollar declines and federal deficits rise, this would be an attack on the whole of the military industrial complex. The second most powerful industry in the world, with the backing of the most powerful religious fundamentalists (the many associations between Evangelical Christians and Zionist Jews [it is not anti-semitic to be against Zionism] such as The Family).
"It is so important that we, the few, the proud, the reality based, attack this stuff before it has a chance to fester and spread. This is not a case of Democrats versus Republicans, it is sentient beings versus the Lizard People. And it is to the Lizard People that I offer this deal, I will show you President Obama's birth certificate when you show me Sarah Palin's high school diploma." ~Bill Maher
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