posted on Aug, 10 2011 @ 01:04 AM
I put this in Gray Area, it will probably get moved to Skunk Works (mods, I would prefer rant I just can't find it).
So what I am about to say is either very Patriotic or very UnAmerican. Take your pick.
But why, oh why, oh why is the world so quick to count us out? Do they really think that we are idiots? I don't.
I find it far more likely that this is all an evil genius style plot than the blundering of morons.
QE1 And QE2 We start printing money.
Huh. History indicates that is not a good idea. History indicates that you can't get away with that.
But, there are a couple of quirks in the mix this time.
Like the number one military on the planet.
Yeah, that's a pretty good sized mitigating factor.
And, the nearest thing sizing up as a real rival is in bed with us economically and is holding so much of our currency that it simply isn't in their
interest (China of course) to let that currency tank. At least not too quickly.
So we have a window of opportunity where we can do this and actually get away with it.
Slowly devalued currency will make the debt easier to pay, will lead to rising wages, rising property values which will undo the underwater houses and
cut down on foreclosures, and will bring some manufacturing jobs back to this country. It all just has to be timed right. The world won't let us
get away with it forever. But RIGHT NOW we are uniquely positioned to pull it off.
The developed world is made up of oil crack heads. And oil is still priced in greenbacks.
We went off the gold standard and onto the oil standard. Clever move that. (Yeah, I know all you fiat currency guys just hated that statement, and I
am not defending fiat currency, just pointing out that as long as oil is priced in dollars, it's not really entirely fiat is it??? We got the rest
of the world to pledge THEIR resources to value our currency. Brilliant I tell you. Sheer Genius!)
Now, China and Russia are making noise about changing that. And, I do believe the day will come. For a while there it looked like it might come
pretty quickly too. Too quickly. Way too quickly. There was talk of moving to the Yen, the Euro, A mixed basket of Arab currencies, or a basket
which contained all of the above. This was all late last fall and through the winter.
And then comes Spring.
The Arab Spring. Ouch. That kind of instability, even if it turns out to be for a greater good that loosens the bonds of people oppressed by various
regimes for decades, well, the instability itself still isn't good for business.
So, the Yen. Oh...March11. The unrelenting earthquakes, the tsunami, the meltdown. The currency of the world's second largest economy is now more
unpredictable than it had been previously. There was talk of the Japanese Bank engaging in Quantitative Easing to help spur the recovery movement.
Hey, wait, what's that? Isn't that the fancy terms the higher ups use for money printing??? Hmm. The Yen just became a less attractive
So, okay, Euro it is. Oh, no, look out. Here comes Greece. Greece has an economic plague that is spreading to Portugal, Spain, Italy, Oh poor Euro
sector. What are these "deadbeats" (no offense, I've been to several of these countries and have nothing at all against them!) doing to your
currency? Germany, with a healthy economy is very quietly freaking out about how it's fancy Eurozone entanglements are pulling them down. Now, I
know the Germans are a quiet lot and never actually do anything when they feel victimized or taken advantage of economically. I mean, oh, wait,
that's right the Germans. To me they are like the Americans of Europe. Good individually, a bit of a mad mob when taken as whole, particulalry if
they feel threatened.
So, now what? Well, the U.K. never went Euro. Perhaps the longstand British Pound Sterling...oh...Cue riots.....
Darn it. It seems like anybody who has a currency that might be a reasonable alternative or even companion to the greenback for world currency
reserve or oil commodity exchanges finds themselves suddenly facing extreme turmoil.
I would hate to be the Swiss right now.
Now, I am not actually saying we cause any of this.
Maybe God just really likes us?
OR maybe the rest of the world, who love to complain about how we stick our noses in where they don't belong, and call us the great satan, and say
that we enslave the world and all other manner of sick and twisted stuff, well, maybe they aren't as wrong as our leaders would like us to
And, if they have been right all along, it isn't US who should suddenly be shivering in the corner (sitting pondering things with a touch of shame
and guilt perhaps, but not fear) because clearly, those at the helm can and will do what needs doing with the apparant availability of technology and
methods that we don't even fully understand and lack the ability to accurately track. And they aren't planning on going down.
They just aren't.
Even the worst of the fears about the FEMA camps, the miltiary movements, the fights over what the budget will look like in the ten years. They plan
to still be there. They know stuff we don't know. They have always known stuff that we don't know. And they have always kept the "worst" of
their actions from us so that we don't have to feel bad about our nice stuff.
The man behind the curtain will put the greenback and the U.S. on top.
Push to shove, and come hell or high water.
We will be here.
And those from other countries who accuse us of such actions at EVERY TURN, would do well to remember their own accusations before they start giggling
maddeningly at our demise.
As the Great Mark Twain once said, upon reading his obituary: "The reports of my death are greatly exaggerated"
A new cold war I believe will come. But to say that the Age of America is over? Misses way too many marks.