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  • Don't Be Fooled - Inflation is Coming [View article]
    For the last 50-70 years, money has flowed to the United States. As the world fiscal cycle proceeds, the flow will be toward other countries. This will give olther regimes the power to control world events (even though it may only be psychologically for some). While we had been good stewards during most of this period, this started to change over the last 10 years. The Bush ideology was that we could export by force our perceived values. Now that we have demonstrated that "free-enterprise capitalism does not work 100% as had been believed, other countries will feel free to experiment with their own philosphies. What this means long-term, is that the US will not be the decider of world events. The sooner we understand this, the sooner we can begin the process of making this country stronger internally. What has been very interesting over the last 10-15 years is that as China has expanded at a tremendous(almost inconceivable) rate and has grown more powerful on an economic basis, they have not exerted their power. If they can contain this newly-developed power, China will become what the US had once been...with perhaps a more efficient government and economic model. As a world leader, China might be able to bring all countries together. However, if China uses the power to control and demand (much of what the US has done), the world will develop into possible annihilation.
    Oct 30 11:31 am |Rating: 0 0 |Link to Comment
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