That is some theory! Worthy of a long winding novel or movie.
**In 2012 an elite insider claimed that on or around March 4, 2014 the doomsday clock would ring, the effect of which would be a complete collapse of the U.S. economy.
--These claims are made on almost a daily basis.
**But given the state of current affairs around the world today, one can’t help but consider that maybe Grady Means was on to something.
--The world and the worlds economy is always in (and should be) a state of constant flux and movement. (a stagnant economy is not a good thing and a "stable" economy is like a unicorn or pegasus)
** With the fight over political and resource control in the Ukraine heating up, is it possible the Means was referring to this very set of circumstances?
--Ukraine is key to the Western world but not sure if the resource control here could crash an economic system.
**Given the horrid economic fundamentals in the U.S., mounting and un-serviceable debt levels, and the fact that China is now moving lock-step with their Russian counterparts, could we be seeing the final stages of a coordinated strike on U.S. economic and financial interests?
--this is interesting not sure if I agree with there being horrid economic fundamentals in the U.S. I would argue that the bursting of the bubbles in the United States I.e. tech, housing, investing. Represents a healthy and fundamentally good economy. The bubbles are generated mostly because of the greed and speed of bad investments but they burst because the economy is as fundamentally sound as it can be (remember a stable economy is truly a mirage) I may need some clarity on the definition of un-serviceable debt?
I don't think China is moving with Russia to bring down the economy of the US I do think China is however looking for more natural resources and new ways of making their dwindling resources stretch further.
This theory makes for a good story but in reality Russia is a nation that currently only brings oil to the economic table China only brings man power. The United states economy brings, oil, man power in numerable natural resources to the table and while the debt is high in the United States the country still employs pone of the highest GDPs in the world and the debt is much lower than almost all other industrialized nations While the US economy is not stable (and really it never will be) I do not think it is on the brink or will be pushed to the brink by Putin
shannalat I sincerely hope your assessment posted above is correct.
I would like nothing more than for you to be correct.
However one needs to pay close attention to the rapidly dropping in the value of our dollar.
This repeated four horsemen type commentary is not good for you. Your pre-occupation with it borders on the obsessive.
We all die Tot, it's just a question of when. Accept that fact and try to enjoy what's left of your life on this planet.
Because he is a very BITTER old man wrought with 'old school' certainty regarding his out dated views. And...he likes to BLAME Liberals for ALL that is wrong not only in America but the world.
Find me ONE optimistic or humorous thing Tot has EVER said. I know the man. He feels reinforcement for his views because he has been a very successful BLUE collar business man.
He is frightened by all the changes happening before his eyes and has profound difficulty in dealing with it.
His failure to adapt to the paradigm shift that has and is occurring right before his eyes has convinced him that the end is near. Hence his Armageddon posts.
Thanks to all for your comments and opinion's.
Contrary to what some of you might think I am enjoying my life to the fullest.
I live one day at a time and I am glad that I indeed am old and in the twilight of my years for I doubt I will live long enough to have to endure the hardship which our children and grandchildren face.
God has truly blessed me already and I am confident that there is a better time ahead but it is not on this Earth.
Because I believe:
THAT IT IS IN DYING THAT WE ARE BORN TO ETERNAL LIFE.
Also I have never been a very successful blue or white collar business man.
I have experienced both blue collar and white collar adventures in this life.
I have experienced both success (moderate) and failure (painful) and have learned from both.
Experience is a painful teacher but it is effective and one can learn sometimes more enduring failure than experiencing success.
Some fools spout untruths over and over until it becomes accepted by dimwits to in fact be true.
Oh these highly educated self proclaimed intellectuals (weak of mind) who think they are so brilliant are sometimes:
BLINDED BY THEIR OWN BRILLIANCE
Some went off to collage with hope and promise but were brainwashed by Liberal Professors and returned home to find that they could not support themselves in the world of free enterprise.
At least I got you talking and not pasting here today, Tot.
Sooooo...how did you make all your money? "I have never been a successful blue OR white collar business man." sayeth Tot.
Where did the money come from?
The value of the dollar is important and should be fine as long as Americans never stop moving forward.
The value of the dollar and it's recent fall is more than likely in response to a "shrinking" world.
With advancements in communication, logistic, production and a more accessible world. The United States, Great Britain and Europe, are less bastions of financial control that they once were. Something similar happened to the Dutch when the routes for trade shifted.
Correcto Mundo Shan. Where have you been? Yours is a much needed civil perspective here. Me and Tot do the slash and burn stuff, from different perspectives of course.
Both types are needed in my view.
Maybe...But...I am also the walrus, koo-koo-koo-koo choo- koo-koo-koo choo...
I am also the Egg Man.
But we all belong to the same race: the HUMAN race. And all opinions have WORTH.
A great big Amen.
Yesterday I asked a visitor if he had considered contributing to the Courier blog site as I had on a prior visit asked him to visit the site.
His answer: No those folks who post things there are too busy attacking each other, (then after a pause) he said I'm not going to waste my time even going there anymore.
Tot: Have you ever watched C-Span? Both ones? It's like watching sausage being made cept its politics that's the product.
Like I have told you before: You ain't built for this.
BTW: Mitch McConnell is a closet Homosexual...and he likes little boys.
And Since I know you to be a procreator, may I prevail upon you your favorite position you used to express love to your main squeeze?
Back to the basic intent of this particular blog which is the stock market, I posted a piece by Wayne Allen Root this morning that among other things touches on this same subject.
Not to those who are not:
/// "blinded by their own brilliance"///
Go take a walk, down a dark lane.
That's Klan talk, Tot. So you want me to take a walk down a dark lane...do ya?
You skart of the light, Tot? Comfortable in the Dark are ya?
Ok Tot: You got a trilogy of Tot and Bruce's Excellent Adventures Stories coming. You have earned them.
We're not on the Redneck ruled Playground now Tot. Them Good Ole Days are OVER.
You are now in my bailiwick Bully Boy and I am going to make your experience here a VERY Memorable one.
Might even crash your breakfast coffee club and take some pictures. It being a public building and all, there is absolutely NOTHING YOU CAN DO ABOUT IT!
Feeling STRONG NOW ARE YE??
Oh yea, I may be riding a Pale Horse when I show up to crash your ingestion of your poisonous breakfast victuals.
Do you carry any Amyl Nitrate or maybe some baby aspirins? They may come in handy to you and your angry vigilantes. Dems your kind of odds tough guy!
The way the Cowards of the World set the table.
Even got some Ole Testament stuff for ya by my walking into the lions den. I am sure your familiar with it even if you are pre-occupied with passing that rattler to the next handler.
@Tot: I somehow missed your comment posted on this site 12 March 8:03 about your friends reluctance about coming here to do some posting.
I read his answer and have deduced that he probably is a wuss and doesn't even know how to write.
Discussions get heated sometimes here Tot. They are not for the weak or light weights you hang out with.
Like you, some are not built for this medium.