Posted on 06/17/2009 7:19:31 PM PDT by FromLori
Aye.
So let me see if I have this straight. Our great supreme leaders have learned the lessons of the previous Great Depression. So while the deflationary depression places massive downward pressure on prices, the world central banks are placing massive upward monetary pressure on prices. And that is supposed to be a more sound financial solution ? Sounds more like the forces behind the trigger mechanism for a nuclear bomb to me.
Your analogy is apt.
The “elites” /spit such as zero /SPIT think these two forces can be balanced to cancel out. Idiots. The world economy is far too chaotic for that. What will happen is huge swings back and forth. We’ll get the worst of both worlds, hyperinflation and deflation at the same time. (Remember stagflation under Carter? Before that moron wrecked the US economy, economic doctrine was that you couldn’t have both at the same time. Carter - a weak socialist/fascist compared to zero - proved that wrong.)
The end result will be that fiat money will be too hard to value, rendering it meaningless. Without meaningful currency, the world’s economies will have to shift to barter or the like, a far more inefficient means of exchange. The global economy will contract massively.
Productive countries (that won’t include the US, it might include TX if she goes her own way) will push a big reset button and issue hard currencies as a matter of necessity. By “hard,” I mean backed by something tangible and measurable (could be gold, other precious or industrial metals, oil, energy, just about anything). China sees this coming, which is why they are using (soon to be meaningless) dollars to buy up Africa’s means of production of industrial and semi-precious metals. This is also why they are trying to build a military capable of real force projection. It’s not to fight the US, but to slaughter any countries stupid enough to try to nationalize their assets. The muslims in the Middle East are probably on the target list, too - they’re too destabilizing (making trouble in China already), China has 30,000,000 “excess” men coming to military age, China will need or at least want all that oil, the US will be too weak (and frankly happy not to be in China’s crosshairs) to counter them, and there won’t be any concern for the muslims’ “rights.” Chinese versions of Shehag, KOSucks, and DUmmies wannabes won’t last long, either.
China will probably leave the US alone simply because we will be continuing our leftist/socialist driven self destruction, we will have nothing China really needs, and the remnants of our military will making taking us on directly just too costly. China will become the superpower, one more than willing to use any means to protect its interests worldwide. We will become a backwater.
As for Russia, they have a lot of resources just off China’s left shoulder. They could be in the firing line, too.
Europe already is largely meaningless. With us crippled, they won’t fare very well. They’ll either revert to old ways fighting each other or be easy pickings for islamization - after which they’ll fight each other. (The only thing muslims seem to like killing more than infidels, Christians, and Jews is other muslims.)
Depending on how China still feels about Japan - and how good the JDF really is and if Japan “nukes up” - Japan will either be squished/glassed or will continue doing business with the new superpower. This one is hard to predict because it involves balancing raw emotion vs Japan’s possible usefulness and another economic force in China’s sphere of direct control.
The Norks will have outlived their usefulness and be butchered wholesale and then annexed outright. South Korea? Who knows.
So back to your analogy: Yup, its the triggering mechanism to a nuclear bomb in the form of a complete and probably very violent realignment of world power...
I really have no idea. He’s arrogant enough to think the world revolves around him, so he might not even be seeing these issues. Or maybe he is and sees a way that he thinks will twist the events to his benefit. To borrow from Milton, maybe he thinks it is better to rule in h### (a degraded America) than to serve in heaven. Or maybe he is a pawn. Or maybe it’s some combination. Doesn’t really matter, though, because for us the end result is the same...
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