Quote:
Originally Posted by Olafhenny
The real destruction of the US is still ahead and it has nothing to do with Jimmy
or his perceived antisemitism, but more with the collapse of the greenback, when it
loses its position as the world reserve currency. The process is already underway
with more and more countries circumventing it in trade with each other and with the
formation of the AIIB, which includes ~70% of the planet's population, all American
'allies', even the staunchest ones like the UK and Australia, - only not for the time
being, Canada and Japan. In Canada the Harper government is trying to become the
new pet poodle, since the UK appears to have abandoned that position and Japan
has its own issues with China in the South China Sea.
Optimists say, that the Greenback will last another 5 to 10 years, others see the
collapse happen even before 2016 is out. It all depends, when China pulls the rug
out from under it.
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I agree with you on that, nobody will talk about the $100/200? trillion+ unfunded liability that makes the $17 trillion debt look manageable. Tax hikes, pension cuts, and no more EBT cards and riots coast to coast.
Biggest organized crime group in the world the US government.
BOTH PARTIES