Bear with me a moment, it’s going to take some time to get to the point.
Like most of you, my tolerance for the politics of corruption has about run it’s course. Anything they might have been able to do wasn’t done and now they’re left with continuing to pursue what they can no longer accomplish.
Doom and gloom sell well. But for better or worse, there is no collapse coming. Just more of the same. The global banking system can not simply collapse. Some portion perhaps, a nation, but not in its entirety. The USA is best positioned because of our reserve currency; and despite rumors, we do have the reserve and that won't change for decades.
Bwahahahaha... With the electronic trading systems used today it would be easy to tank the dollar. Merely start dumping all us bonds and converting all cash to other currency. The hard part is done. Destabilizing the US until other nations lose faith in our ability to redeem the bonds. TPTB have run up so much debt and down so much discord and chaos that anybody with two brain cells can see that USA is morally and financially bankrupt. In other words, we're a bad bet.
Doom and gloom sell well. But for better or worse, there is no collapse coming. Just more of the same. The global banking system can not simply collapse. Some portion perhaps, a nation, but not in its entirety. The USA is best positioned because of our reserve currency; and despite rumors, we do have the reserve and that won't change for decades.
ReplyDeleteBwahahahaha... With the electronic trading systems used today it would be easy to tank the dollar. Merely start dumping all us bonds and converting all cash to other currency. The hard part is done. Destabilizing the US until other nations lose faith in our ability to redeem the bonds. TPTB have run up so much debt and down so much discord and chaos that anybody with two brain cells can see that USA is morally and financially bankrupt. In other words, we're a bad bet.
DeleteCirca 1989,The Soviet Empire, can't collapse! Maybe part, but not the core SSRS or major Warsaw Pact naitions!
ReplyDelete