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  • Where We Go from Here: Best and Worst Cases [View article]
    Culture of Life News here!

    This is NOT a typical melt down. This is the decline and fall of the US global empire! The US/G7 solution which is being hammered out this weekend, piles another $2 trillion in just one year onto the backs of US taxpayers. This, in turn, is being funded by totally fake, Japanese-style 0% interest loans being extended to us by our trade rivals.

    They want to keep us spending and spending and digging our trade hole ever deeper! This is NOT a solution. And the Pentagon is going to raise their own ante by another half a trillion in the next 2 years.

    This collapse is identical to the collapse of the Spanish global empire, the French Napoleonic empire, the Soviet Union Empire, the German empire even more fatally, the English 'sun never sets' empire that collapsed thanks to WWI and WWII.

    We might collapse in WWIII. The desperate attempts by England to 'grow' their empire after the Boer War showed their fatal weaknesses led to Germany lunging at England's throat in 1914. Nearly succeeded.


    Bleeding badly from that, England continued to try to expand the empire but was so feeble, the Japanese could knock the English off with barely any effort at all. In one case, using soldiers on bikes to take Singapore. The US again, pulled England out of annihilation.

    But no one is going to save us. Like when Russia fell, everyone will grab what loot they can and fly to better countries that aren't bankrupt.
    Oct 11 09:22 am |Rating: 0 0 |Link to Comment
  • Powerful Strengths, Pathetic Weaknesses, and What Donald Coxe Recommends [View article]
    Like so many pundits, Mr. du Plessis doesn't bother to go look into history.
    elainemeinelsupkis.typ...

    At my story, 'PPT Rescues Are IDENTICAL to PPT Rescues In 1931'
    I found a 1931 Time Magazine article that discusses all the rescues pulled by Herbert Hoover.

    They are, down the line, exactly the very same rescues launched this last year by Bernanke and Paulson! There is nothing new under the sun.

    The fundamentals of the crashing banking system have not changed. These are very unbalanced global trade with the US empire being the main destination of most exports while being able to pay for this with only fiat currency creation and of course the fake interest rates being foisted on us by central bankers.

    Japan has inflation of over 2% a year and still lends at sub-1% rates. This is pure insanity. The US simply lies about inflation and it is far, far higher than the official rate of 4%. And the Fed is lending banks money far below this fake interest rate.

    And on top of all this, all the G7 nation's governments are overspending and thus, borrowing money. This is massive money creation at work since borrowing=money creation out of thin air. We have too much credit being given to too many who are too deep in debt. Just like with the Great Depression.
    Sep 13 08:07 am |Rating: 0 0 |Link to Comment
  • Changes in P/E Ratios During the Current Bear Market [View article]
    Prosperity is around the corner! There is no inflation anymore. Alas, this is January,1932 and the end of the first year of the Great Depression.

    I heard on my radio that now is a great time to buy stocks and properties. So what, if the banks are collapsing? Who cares if the government is going broke? Who worries about all those homeowners not paying the mortgage?

    Happy days are here again! We're in the money! 42nd Street, here I come! I want to be in a Busby Berkeley tap dance movie!

    Whew. I knew this was a comedy site! As the world slides into a mega-recession, all our trade partners are doing everything in their power to drop the value of their currencies, deny there is any inflation and thus, kill inflation!

    So what, if jobs are disappearing. Who cares if wages are falling. It doesn't matter that international trade is going totally cut-throat! Did you hear that the Disney people are making an ALL TALKING/ALL COLOR 'Snow White and the Seven Dwarves'? Technology in action!

    We need to fear nothing but fear itself, as Roosevelt said.
    Aug 14 21:36 pm |Rating: 0 0 |Link to Comment
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