josepht
08-28-2009, 02:21 PM
The Economic Crisis did not start last September but has been brewing since the 1970's when the US Oil Production Peaked and then declined, Japan and Germany both Caught the USA economically and the Soviet Economy started to fail. Because of these events the USA delinked it's currency from the Gold Standard since the advantages America had since the end of World War Two began to fade and the World was reshaped into competing power blocks-Japan and a German Led Europe, when the Soviet Union finally gave it up in the late 1980's-early 1990's Europe became reunited and that was the final stage of Europe's comeback.
China is being built up by Europe and Japan both Creditor Nations because the USA is no longer has a viable system or economy so they are looking elsewhere.
As China Rises and Europe finishes it's rebuilding/Reuniting it is obvious to see another Reshaping of the world landscape is occuring.
It would seem Europe is the strongest Empire with Japan still a very potent force and China being the "Future" for these Creditors. Put $1.00 into the pot and get $5.00 back, what a great investment for the future.
America has about 60 Trillion dollars in total debt(Trade, Government, Corporate, Consumer)and rising 3 1/2 trillion yearly.
In 1980 for every $1.00 of GDP Growth, the USA added about $1.79 of new debts.
In 2005 for every $1.00 of GDP Growth, the USA added about $7.20 of new debts.
In 2008 for every $1.00 of GDP Growth, the USA added about $9.00 of new debts.
In 2009 we have no economic growth but are projected to add about $16.00 of new debt versus total GDP and this is not set to end anytime soon!
For a thinking person is America productive?
Do we have much Manufacturing?
Where is the new Economy and the advantages we supposingly had in technology and Training when we have Deficits in High Tech Products and the EU is by far the World's largest Exporter of Services?
Obligations for S.S., Medicare,Medicaid,Military/Government Pensions,etc are projected to be 60 trillion more and rising rapidly on top of the other debts.
Now for a thinking person within 5-10 years the USA will be forced to declare bankruptcy, Correct?
Or Break up eventually?
Or How could a Country Operate with 80% of it's Government Deficit going to paying interest on debts alone by 2018?
And then afterwards 100%?
Not to Mention the other debts throughout the Society and Structure?
The Creditor Nations have Assets around the Globe while a Debtor Nation is Taken over by the Creditor's money and power, this is the way America became a powerhouse we were Creditors, same for all the other powerful countries they also were Creditors-all of them!
This is what gave the USA a High Standard, off the backs of others.
And now they are taken the clothes off our backs in reverse.
An Empire Uses it's Wealth and Influence to shape the World in it's Image or to it's advantage while the Military is only sparingly used once in awhile as a last resort for those who don't go along with the Creditor's program.
France, England, Netherlands, Japan, Germany, USA(1912-1979) used this Neo-Colonial system of control or the new World Globalism. Exactly the same thing only a play on words.
Back to the subject, America is the World's Greatest Debtor and Foreign Powers own large chucks of the assets here along with influnce over the Government.
The Founding Fathers Warned Us about this and they had their doubts if the USA could keep it's Freedom from Europe at the time. These Fears seem to be well placed since everyone forgot about their warning about becoming intangled with European Affairs.
Or any other Creditor Nations affairs.
The same system that the Europeans used for domination America used for almost 70 years or so but now we are the ones who are being attacked with this system of control.
Yes the system itself is the problem but I would rather live in a Creditor Nation then a Debtor because Debtors are never free either Economically, Politically or Socially. The Greater the Debts, the Greater the Slavery.
Or should we just be happy to be powerless slaves?
China is being built up by Europe and Japan both Creditor Nations because the USA is no longer has a viable system or economy so they are looking elsewhere.
As China Rises and Europe finishes it's rebuilding/Reuniting it is obvious to see another Reshaping of the world landscape is occuring.
It would seem Europe is the strongest Empire with Japan still a very potent force and China being the "Future" for these Creditors. Put $1.00 into the pot and get $5.00 back, what a great investment for the future.
America has about 60 Trillion dollars in total debt(Trade, Government, Corporate, Consumer)and rising 3 1/2 trillion yearly.
In 1980 for every $1.00 of GDP Growth, the USA added about $1.79 of new debts.
In 2005 for every $1.00 of GDP Growth, the USA added about $7.20 of new debts.
In 2008 for every $1.00 of GDP Growth, the USA added about $9.00 of new debts.
In 2009 we have no economic growth but are projected to add about $16.00 of new debt versus total GDP and this is not set to end anytime soon!
For a thinking person is America productive?
Do we have much Manufacturing?
Where is the new Economy and the advantages we supposingly had in technology and Training when we have Deficits in High Tech Products and the EU is by far the World's largest Exporter of Services?
Obligations for S.S., Medicare,Medicaid,Military/Government Pensions,etc are projected to be 60 trillion more and rising rapidly on top of the other debts.
Now for a thinking person within 5-10 years the USA will be forced to declare bankruptcy, Correct?
Or Break up eventually?
Or How could a Country Operate with 80% of it's Government Deficit going to paying interest on debts alone by 2018?
And then afterwards 100%?
Not to Mention the other debts throughout the Society and Structure?
The Creditor Nations have Assets around the Globe while a Debtor Nation is Taken over by the Creditor's money and power, this is the way America became a powerhouse we were Creditors, same for all the other powerful countries they also were Creditors-all of them!
This is what gave the USA a High Standard, off the backs of others.
And now they are taken the clothes off our backs in reverse.
An Empire Uses it's Wealth and Influence to shape the World in it's Image or to it's advantage while the Military is only sparingly used once in awhile as a last resort for those who don't go along with the Creditor's program.
France, England, Netherlands, Japan, Germany, USA(1912-1979) used this Neo-Colonial system of control or the new World Globalism. Exactly the same thing only a play on words.
Back to the subject, America is the World's Greatest Debtor and Foreign Powers own large chucks of the assets here along with influnce over the Government.
The Founding Fathers Warned Us about this and they had their doubts if the USA could keep it's Freedom from Europe at the time. These Fears seem to be well placed since everyone forgot about their warning about becoming intangled with European Affairs.
Or any other Creditor Nations affairs.
The same system that the Europeans used for domination America used for almost 70 years or so but now we are the ones who are being attacked with this system of control.
Yes the system itself is the problem but I would rather live in a Creditor Nation then a Debtor because Debtors are never free either Economically, Politically or Socially. The Greater the Debts, the Greater the Slavery.
Or should we just be happy to be powerless slaves?