Posted on 04/08/2011 11:29:35 AM PDT by Nachum
While we learned yesterday that the U.S. is preparing its domestic response to a potential economic collapse, the bigger story might be that the U.S. has been playing such “war games” for almost two years.
“The Pentagon sponsored a first-of-its-kind war game last month focused not on bullets and bombs — but on how hostile nations might seek to cripple the U.S. economy, a scenario made all the more real by the global financial crisis.” That’s how Politico reporter Eamon Javers (now with CNBC and who brought us Monday’s report) began an article dated April 9, 2009.
In that article, he describes how the U.S. first began preparing for an economic collapse. “Participants sat along a V-shaped set of desks beneath an enormous wall of video monitors displaying economic data,” he writes. “Their efforts were carefully observed and recorded by uniformed military officers and members of the U.S. intelligence community.”
The Office of the Secretary of Defense hosted the two-day event March 17 and 18, 2009, at the Warfare Analysis Laboratory in Laurel, MD.
The “game” didn’t end well for the United States: “the savviest economic warrior proved to be China.”
(Excerpt) Read more at theblaze.com ...
They are threading a needle of deflation and hyperinflation.
IF they get their inflation, without interest rates on bonds going up as well, we will be in danger of a currency crisis.
WE are no where near being out of the woods.
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Yes, our long run liabilities are $202 Trillion, according to a Boston U economist.
Somebody’s not gonna get their money back / keep their money.
Either debt obligations won’t be repaid (lenders won’t see their money back),
taxpayers’ll be looted blind,
or those anticipating entitlements won’t see them.
>Don’t forget the Four G’s! God, Grub, Guns, and Grub!
Huh? I thought it was God, Guns, GIRLS and Grub!
Hmmmmmmmmmmmmmmmmmm
How about hostile administrations and congress?
poverty is the future
no we are not destroying our nation..we are paying politicians to do it for us.
It’s a mighty fine line between actively participating and just standing by and watching it happen.
Either way, we have met the enemy, and he is us.
Ring ring.... It’s 3 a.m.
You just nailed it 100%. The not ‘prepped’, not paying attention sheeple, are in for one heck of a time soon. Not to long ago more than a few of our fellow FReepers liked to tease those of us that have moved up into the mountains and prepped for years but as things go on they have seen that preparing is not such a bad thing after all.
Okay. Make that the five Gs. LOL!
“There is blood lust on the left.”
They might be surprised whose blood it turns out to be.
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