Can other countries prosper even with an American financial crisis? , page 1

For many countries - the US can disappear altogether and that will release them from a lot of pressure - allowing them to flourish and expand.

It is unlikely that most realize that the US is a negative economic force in the world - effectively taxing every nation in the world, enforcing unreasonable trading parameters and many other gangster tactics.

The US is able to tax every nation in the world by inflating its dollar - which has to be held as reserves by anyone who wants to buy oil - so everyone. The US then prints more paper - and the other nations suffer a loss of value in their reserves - ie. taxation.

The US is a rogue nation which has beaten, raped and killed and used thuggery against most of the world. Americans do not know this because their media is purely propaganda. If someone hates America - they are labeled a terrorist.

Those countries that hold large amount of US debt are also likely to suffer if the US dollar suffers.

Those countries who rely on exporting to the US will suffer a downturn in exports - but that can often be counter acted by increasing domestic spending, which can be financed through internal credit expansion - such as what China is doing.

America's contribution to the world economy over the last few years has mainly been to buy goods - with money they stole from the oil producing nations, and taxes levied on the rest of the world in general.

China can afford to spend this money internally - because it has 'reserves'. Reserves are a concept that is unknown in America - what it means is that instead of having debt, you have money in the bank. Asian economies have built quite substantial levels of reserves since the 1997 Asian financial crisis - where they were duped by the World Bank and IMF and crushed.

They have been soundly ridiculed and discredited for their 'protectionist' and 'excessive' reserves. Guess who was doing all the negative press? You guessed it - the globalists.

At the moment - lack of debt, and sound reserves are ensuring that these economies are going to manage to remain in growth mode. This is not applicable to every country which is still experiencing growth - but certainly a clean balance sheet is very important at the moment.

The other issue is to what level the central banking cabal has access to credit systems within these countries - and what toxic assets may have infiltrated into their financial systems.

China has responded in a way that is such massive news, it should have hit every major news channel in the world - but you hear nothing of it - because it is both embarrassing to the west, and they are powerless to do anything about it.

China has legally indemnified its financial system against certain derivative instruments, and speculative short positions in commodities that were foisted on them by the international banking cartel. In other words China has said - we will not pay for your fraudulent losses that you have tried to make us responsible for. Such acts in theory could provoke a war - but the west is powerless to respond.

So - America is not the heart of the global economy - they are simply the international tax man - which has been the source of American wealth, and also increases in domestic credit growth created wealth from nothing.

Yes - the US economy is important globally - but mainly it has stolen and taxed money from the world - its main export is weapons (45% GPD is a figure I heard) - and military adventures to control oil.

It is a fairly despicable nation - while its citizens ignorantly support its imperialistic and violent aggression against the world.

The hope of the world is that its citizens will wake from their dream - see that their enemies are running their country - and kick them out, replacing their government with one that supports its citizens and is a peaceful and useful international agent for good.