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Virtually nobody foresaw the Great Depression of the 1930s, or the crises which affected Japan and Southeast Asia in the early and late 1990s. In fact, each downturn was preceded by a period of non-inflationary growth exuberant enough to lead many commentators to suggest that a 'new era' had arrived"
posted on 29-12-2006 at 10:22 AM (post id: 2835511) - single - this post REPLYQUOTE
This was about China. If you want to know....China will never take over the World. They will come close, though. I have sat with Ralph Cline and other Government people from China and Canada. I have had private meetings with Chinese Officials.
The greed, which is running rampant in the USA, will be what causes their Dollar to loose value. When the world looses faith in the USD, they will sell off in such large volumes that it will bankrupt the Country.
I am a US National, living in Canada. This is a warning to people. There is nothing that can be done to change what has already started.
My only hope for us is that something new will come allong. The world will not end, just the way things are run will be done differently.
Originally posted by Ironside
Though many of you may disagree with me, the United States IS the police of the world. This would cause a collapse in peace among countries and attacks would be much larger. Wars wou;d break out and billions would die.
Originally posted by 12SeVeN34
Wonderful information, but can you guys use proper English? I understand we're just chatting informally, but it's hard to read. Haha.
"the fed is changing there stance"
"ron paul knows thier going to change"
Originally posted by Ironside
Effects? You want to hear effects?
Originally posted by Equinox99
Do you guys think the collapse of the US will cause effects to other
nations?
I heard that China has lots of US bonds and such what would happen
to their money?
Though many of you may disagree with me, the United States IS the police of the world. This would cause a collapse in peace among countries and attacks would be much larger. Wars wou;d break out and billions would die.
from what i understand the military industrial complex will remain intact: and from an elementary standpoint: it makes no sense to spend half a century building it up just to abandon it. there will simply be a different body politic making its decisions. As for the US: invest in a prison or bail bonds company. because with all the underground penitentiary reports popping up, its easy to see the ONE industry still here is the prison industry. and we will go from being the greatest nation to the worlds ghetto, complete with liquor stores on every block, lotto in every store, but no guns for sale.