China Announces It Is About To Blast America Into Zimbabwe

reply to post by mnemeth1


And the root of the problem?

Constituents...

Why? For not being informed, and being complacent..

Who is to blame? Directly the government, indirectly (perhaps even directly) the American People for continuing to allow these schmucks to run your country.

Be the change you want to see. You've made your bed America and now you'll have to pay China to sleep in it.

~Keeeper

This is already starting to show up on some of the financial blogs, I think all hell is about to break loose.

Announced also on Zerohedge:

Zero Hedge story link

Then……. By golly…….. The united states industrial base may get a foot hold again.

I know there is countless US factories and businesses that would be jumping for joy if that happened.

There are tons of businesses that have been just barely scraping by under the scourge of cheap Chinese imports.
If they could compete then they will come back like a firestorm.

It may be a demarcation in US business history. The ones that have held the faith that the business will survive, and made it to this point, will be able to reap the rewards. The people that gave up, and moved their factory to china, will suffer……… Unless…. They can get the Chinese to buy their stuff……….


The US steel industry will be yelling hallelujah!!!!!!!!!!! I SEE THE LIGHT!!!!!!!

Rocky "I Didn't Hear No Bell"
I'm glad they will let it appreciate, finally!
It's Go time!

OK America
It's time to get our game faces on

In how many Hours is the US Market gonna open? I wanna watch the Show

Originally posted by mnemeth1

Originally posted by g146541
reply to post by raiders247

 

Cool we will rebuild, no problem there.
We will organize states and alliances and maybe a new US.
We can send the bankers to China to pay off their debt, maybe they can wash dishes or something.

We can only rebuild if the Fed stops printing and the congress stops spending.

That will not happen.

We will devolve into a socialist police state, much like Zimbabwe.

I think we can just kick the FED out and go back to the gold standard. Simply put, if we just tell the fed to stick it and hold our ground and fight back. If someone want their money back then so be it! Its no different than filing bankruptcy and starting over. Once a country files bankruptcy then we can back up the currency with gold and since gold is still very high on the market we won't have that far to fall unless the gov,t already used the fort knox reserve and used it as collateral to the FED then we are all screwed again with nothing for a backup plan. If we don't have gold then we can open a gov't mining facility or just have civilians mining for gold too and then we can replenish the supply of gold and precious metals again. We have the resources to gain wealth again with our own land via mining and crop exports. I say bankruptcy and start over fresh. China can't mess with the gold prices that bad because from what i understand they have about depleted their own mineral supply or about to really soon. It will take a few years to get back on our feet again but eventually we will have a more solid foothold on our money. Plus if we have tangible assets like precious metals and crops. We can gain back our money and still be able to sustain or country. Sometimes it is best to take a step back reevaluate our situation and take a different plan of attack at prosperity because the road we are on now isn't working and instead of putting patches on top of old patches to keep a boat afloat we just need to jump ship and climb into another boat that is steady. The new boat may not be faster than the old one but it will be a lot more steadier. So instead fixing an already troubled shaky foundation we should tear down and reassemble with a strong footing. Sometimes a hard sacrifice is better in the long run than a quick fix.

Originally posted by mnemeth1
Further, since the US makes nothing except cars and bombs, everything that we do not make here is going to skyrocket in price.
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Response by manta78:
Actually this statement is not true. Since we are here to "deny ignorance", you may want to go to this website and review it for the reason why your statement above is not correct: www.americansworking.com...

A partial list of things made in America is as follows; you can go to the website and click on any of the items provided, and see the individual names of the companies, the goods they produce, and which state they are located in:

Air Cleaners Made in America

Ammunition American Made

Apparel Made in the USA

Art Made in America

Auto Parts and Supplies American Made

Baby Products Made in America

Back Packs Made in the USA

Bags Made in America

Barbecue Grills Made in America

Baskets Made in America

Bath & Body Made in the USA

Bedding Made in the USA

Bedroom Furniture Made in America

Belts Made in the USA

Beverages Made in America

Beverage Holders American Made

Bikes Made in the USA

Blankets American Made

Blinds Made in America

Boats Made in the USA

Books American Made

Boots Made in the USA

Boxes / Packaging Made in America

Bridal Made in the USA

Brooms Made in the USA

Building Material Made in America

Calenders Made in the USA

Camera and Camera Equipment

Camping Gear Made in the USA

Candles Made in America

Candy Made in the USA

Cheese Made in America

Children's Books Made in America

Children's Clothes Made in the USA

Cleaning Supplies Made in the USA

Clocks Made in America

Clothing Made in the USA

Clothing Accessories American Made

Coffee Cups Made in America

Coffee Grown in the USA

Collectibles American Made

Computer Equipment American Made

Cosmetics Made in the USA

Dining Room Furniture American Made

DIY Guides Made in America

Drapery Made in the USA

Educational Products American Made

Electronics Made in the USA

Expedition Gear Made in America

Fabric Made in America

Fabricating American Made

Fishing Equipment Made in the USA

Fitness Equipment American Made

Flashlights Made in America

Flags Made In America

Flowers Grown in the USA

Food Snacks American Made

Foot Massager Made in America

Frames Made in the USA

Furnaces Made in America

Furniture Made in the USA

Games Made in America

Gifts American Made

Gourmet Foods Made in the USA

Green Products Made in America

Guns and Firearms Made in the USA

Hair Care Products and Dryers

Hats Made in America

Health and Beauty Products USA

Hobby Products Made in America

Home Decor Made in the USA

Household Gadgets American Made

Housewares Made in America

Hunting Gear Made in America

Industrial Equipment American Made

Injection Molding Made in the USA

Jackets Made in America

Jeans Made in the USA

Jewelry Made in the USA

Kitchen Products Made in America

Knives Made in the USA

LCD Displays/LCD Picture Frames

Lawn and Garden

Lighting fixtures Made in America

Luggage Made in the USA

Made in America Specialty Stores/site

Mattresses Made in America

Marine Hardware

Medical Equipment Made in America

Mens Clothes Made in the USA

Metal Buildings Made in America

Motorcycles Made in the USA

Mountain Climbing Gear Made in the USA

Musical Instruments and Accessories

Nutritional Supplements American Made

OEM Manufacturing in the USA

Office Supplies Made in America

Outdoor Furniture Made in the USA

Pens and Pencils Made in America

Perfume Made in the USA

Pet Products Made in the USA

Plastic Products Made in the USA

Professional Services in America

Promotional Products Made in the USA

Purses / Handbags Made in America

Uniforms Made in the USA

Recycled Products American Made

Restaurant Equipment Made in the USA

Rugs Made in the USA

Safes Made in America

Safety Equipment / Clothing USA

Shoes Made in the USA

Signs and Plaques Made in America

Skateboards Made in the USA

Soap American Made

Socks Made in America

Solid Waste Equipment

Sporting Goods Made in the USA

Steel Supplies

Table Games Made in the USA

Tile Made in America

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Toothbrush Oral Care American Made

Towels Made in the USA

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Trunks and Cases Made in America

Urns Made in America

Vacuums Made in the USA

Wallets Made in the USA

Washing Machines Made in America

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Winter Gear Made in America

Women's Clothes Made in the USA

Wood Stoves Made in America

Vitamins Made in the USA

Source: www.americansworking.com...

edit on 3/2/2011 by manta78 because: (no reason given)

Many of the factories sitting idle are not just waiting for someone to flip the power switch back on. Much of the equipment has been shipped to China. I would love to see American people get off their couches and begin creating our own industries and products as our quality is generally better.

The Great Great Depression seems to be taking root and will be nourished by way of the threats and concerns of the ME as well as weather related / GMO food production problems. Bernanke recently said everything was going according to plan and I believe it. They have set into motion their great plan long ago. New checkpoints and scanning schemes creep in little by little as our dirty uncle Sam gets more demented and perverse with each new invasion of our privacy.

I don't see a police state being sustainable in the US however. It would have to be accelerated at too quick a rate now to be effective long term. Even if martial law is imposed, how long will people sit in their homes with no food or internet? When people think their future is hopeless, they will eventually release their fears and they will pissed when they wake up.

reply to post by mnemeth1


Thank goodness for all those neoliberal trade agreements we took up, huh mnemeth? That mobility of capital sure has been of great benefit to the people of America, don't you think? And all that banking on debt! Whoo!

Don't worry, mnemeth, I'm sure we'll just grow our way out of this, just like we did with Reag- oh waaaaiiiiit.

Originally posted by Ucabearbone
reply to post by mnemeth1

 

Stock up on rice, beans, vitamins, water, soap, plastic bags, and tons of other crap, now.

edit on 2-3-2011 by Ucabearbone because: (no reason given)

no, i'll wait and loot the stores.

Originally posted by Ucabearbone
reply to post by mnemeth1

 

Stock up on rice, beans, vitamins, water, soap, plastic bags, and tons of other crap, now.

edit on 2-3-2011 by Ucabearbone because: (no reason given)

Wow, I wish I had a dollar for every time an ATSer advised me to stock up on food because the End is/was near.

This financial move will negatively impact China, so I don't think it's a real possibility. Think of it as saying "I'm going to sell my house for 1/4 of it's present value."

Your can liquidate a majority of your military including nukes, that should produce a few trillion, liquidate most of NASA few trillion + opening those unused oil fields can trade China oil for cash and bicycles
Have all of that NSA equiptmet fetch few trillion, any UFO collectables with documented history? not the fake crap either!!!! there could be easy 14 trillion right there? bur I think the government has other plans if unenployment hits 50% mark they can get rid of 50% of the population 50% reduction in the infacture, huge cost savings, sorry it's just business. techonogly can be implemented to make up for the 50% in areas

reply to post by agentblue


Let me tell you some things about the gold standard. The gold standard is vulnerable to two things that happen easily; hoarding of material gold, and discovery of new sources of gold, either of which can (and have) thrown the system into total haywire. Hoarding removes the backing from circulation, which causes an increase in costs, with a decrease in profit (and thus an overall loss of wealth for everyone but the hoarders.) New discoveries add to the amount of gold in the system, causing rampant inflation. For an example, take a look at the economic systems of 16th-century Europe, when the Spanish started bringing in tons and tons of gold from the Americas; gold became house paint for the moderately wealthy.

Second, as it stands, there's just not enough gold to support a gold-based economy in any country of mentionable size. How many grains of gold dust is your daily work worth? Two, three? If you're a CEO, maybe you get a whole half-ounce nugget as your monthly pay! The same scarcity that makes gold valuable now is what makes it undesirable as an economic base; you might as well talk about a moon rock-based economy.

And I'll guarantee you, any declaration that we're going back to gold will be met with the double-impact of scarcity and sudden hoarding, in effect causing a total economic crash. Foreign investment, always jittery, will pull out their assets as fast as they can, and boom, overnight America has to move to the economic neighborhood shared by Bangladesh, Congo, and Haiti.

Well, look at the bright side, at least you may get your job back. Wouldn't it be odd to have customer service centers in America for credit cards and computers where some slackjawed hillbilly says his name is Chin when you really know its Billy-Bob. The fact that China hasn't allowed their currency to appreciate is the very reason why they have all the manufacturing jobs today. Don't be fooled, China has problems of their own to deal with. For one, they cannot feed the population on their own food. Two, they aren't exactly a free and open society, which does create problems. Third, have you ever heard of the Chinese "ghost cities", built completely upon speculation and the fear of reprisal by the gov't? Last of all, although the civilization is ancient and has remained pretty much in-tact for thousands of years, the leadership has always been lacking in its ability to create a unified state and the military has never really been fearsome. My guess is, when they assume the role of the world's dominant economy that they will squander it as badly or worse than we fine Americans have. In all, that's even scarier than if they didn't.

reply to post by tothetenthpower


Mostly, faith is the blame. The people in power "have enough credentials" to be trusted.
Our meritocracy is such a failure..

I think Americans have to stop thinking about stalking up on Gold and sliver.

Gold and silver wont have any value unless there is something to be traded in its place.

If Gold and silver is going to represent a value, you would need to produce access goods.

Since the US is in such great debt. Your personal share of Gold belongs to your creditors. That means you have to pay a large interest on your produced goods or your gold savings.

That means you have to pay interest to be allowed to stalk up on goods and currency. Because it really doesn't belong to you.

The three steel mills along the Indiana shoreline will reap the rewards.

All three

Just select satellite view, and they should become clear.

Burns harbor

US steel Gary works

Inland steel

They helped pull us through WW1, and WW2.
As they always say….. Third time’s a charm.

Three fully integrated steel mills ready to rock sir.
Too bad that Bethlehem steel didn’t make it.

……EDIT……
For grins and giggles……. Here is the three other big US steel mill sites.

Fairfield Works and Fairfield Tubular Operations

Mon Valley Works - Edgar Thomson Plant

Granite City Works

This is what must happen.
America must fall economically so that it can compete globally.
We may suffer for 6 months or so....so prepare now.
The time bomb is clicking and we have about 6 months to prepare.
Stock up on medical supplies, batteries, gas, food, weapons, artificial power, antiseptics, and courage.

Our year of discontent is upon us. Do not be fooled. Either there will be light at the end of the tunnel and we can build from scratch because several American industrialist are begging for a free market of competition because we'll get back to work quicker than any other country ever....Actually we need this to happen instead of living by threads...
America will rise again.

reply to post by spy66


I find silver a good investment cause its useful from what I understand in technology. I realize it has no real value. I have some bars that are just sitting in the corner, and I actually find it funny that they are "worth" something. One thing I do know is that the printing of money can't be a good thing. I figure if the SHTF with the economy I could still maybe bater with silver. If nothing happens I'll just sell it most probably for more money than I bought it. No biggie.

Supposedly Jesus was traded for silver. Maybe I can buy a messiah or something and have him do magic tricks for my entertainment.

reply to post by antmax21


When the American infrastructure collapses, internal unrest will take place. Mobs will own the streets.

When your nation is at its worst China will invade. And they will succeed because you have no infrastructure to prevent it from happening.