OT: Countdown: Three Weeks to Chaos

[Arraya]

http://www.bloomberg.com/apps/news?pid=20601109&sid=a_A5nqmw9Dq8
The dollar may drop to 50 yen next year and eventually lose its role as the global reserve currency, Sumitomo Mitsui Banking Corp.’s chief strategist said, citing trading patterns and a likely double dip in the U.S. economy.

“The U.S. economy will deteriorate into 2011 as the effects of excess consumption and the financial bubble linger,” said Daisuke Uno at Sumitomo Mitsui, a unit of Japan’s third- biggest bank. “The dollar’s fall won’t stop until there’s a change to the global currency system.”

[partypup]

[quote=KSMountain][quote=partypup]
The pressure of being a super power is too great to bear.[/quote]
For whom?
[quote=partypup]
Time to step down and let someone else carry that load [/quote]
Wow, how inspiring. That’s the spirit! Got any candidate nations in mind? One you think will do as good or better than the U.S. has since say 1944?

So sad the defeatism. Perhaps you actually hope for the chaotic future you predict, thinking that this will increase the value of your gold holdings. Seems a cold comfort.[/quote]

Perhaps you think that by continuing to denial what is now inevitable will give you some cold comfort. Look, you can fight the wave or you can roll with it. I happen to think this is a wave that has been building for a long time, and whatever the merits of being a superpower and regardless of how well the U.S. has performed that job up until now, the point is that the cycle has ended, and our time at the top of the heap is over. And no, I don’t think that’s such a bad thing in the long run. I’m sorry you would prefer to cling to the rotted hulk of what was once a great nation. I prefer to reset and re-boot and hope we can come up with something better in the process. You apparently have trouble accepting the fact that something valuable can come out of a system reboot. You apparently don’t believe that Americans can take the pain and are not resourceful and vibrant enough to reject the greed and excess that brought us to this place and forge a BETTER future. And your lack of faith is truly what is defeatist.

Stop clinging to the past and accept your future. And in the process of accepting it, you might consider actually preparing for it. Because nostalgia isn’t going to pay your bills or feed your face.

[partypup]

[quote=KSMountain][quote=partypup]
The pressure of being a super power is too great to bear.[/quote]
For whom?
[quote=partypup]
Time to step down and let someone else carry that load [/quote]
Wow, how inspiring. That’s the spirit! Got any candidate nations in mind? One you think will do as good or better than the U.S. has since say 1944?

So sad the defeatism. Perhaps you actually hope for the chaotic future you predict, thinking that this will increase the value of your gold holdings. Seems a cold comfort.[/quote]

Perhaps you think that by continuing to denial what is now inevitable will give you some cold comfort. Look, you can fight the wave or you can roll with it. I happen to think this is a wave that has been building for a long time, and whatever the merits of being a superpower and regardless of how well the U.S. has performed that job up until now, the point is that the cycle has ended, and our time at the top of the heap is over. And no, I don’t think that’s such a bad thing in the long run. I’m sorry you would prefer to cling to the rotted hulk of what was once a great nation. I prefer to reset and re-boot and hope we can come up with something better in the process. You apparently have trouble accepting the fact that something valuable can come out of a system reboot. You apparently don’t believe that Americans can take the pain and are not resourceful and vibrant enough to reject the greed and excess that brought us to this place and forge a BETTER future. And your lack of faith is truly what is defeatist.

Stop clinging to the past and accept your future. And in the process of accepting it, you might consider actually preparing for it. Because nostalgia isn’t going to pay your bills or feed your face.

[partypup]

[quote=KSMountain][quote=partypup]
The pressure of being a super power is too great to bear.[/quote]
For whom?
[quote=partypup]
Time to step down and let someone else carry that load [/quote]
Wow, how inspiring. That’s the spirit! Got any candidate nations in mind? One you think will do as good or better than the U.S. has since say 1944?

So sad the defeatism. Perhaps you actually hope for the chaotic future you predict, thinking that this will increase the value of your gold holdings. Seems a cold comfort.[/quote]

Perhaps you think that by continuing to denial what is now inevitable will give you some cold comfort. Look, you can fight the wave or you can roll with it. I happen to think this is a wave that has been building for a long time, and whatever the merits of being a superpower and regardless of how well the U.S. has performed that job up until now, the point is that the cycle has ended, and our time at the top of the heap is over. And no, I don’t think that’s such a bad thing in the long run. I’m sorry you would prefer to cling to the rotted hulk of what was once a great nation. I prefer to reset and re-boot and hope we can come up with something better in the process. You apparently have trouble accepting the fact that something valuable can come out of a system reboot. You apparently don’t believe that Americans can take the pain and are not resourceful and vibrant enough to reject the greed and excess that brought us to this place and forge a BETTER future. And your lack of faith is truly what is defeatist.

Stop clinging to the past and accept your future. And in the process of accepting it, you might consider actually preparing for it. Because nostalgia isn’t going to pay your bills or feed your face.

[partypup]

[quote=KSMountain][quote=partypup]
The pressure of being a super power is too great to bear.[/quote]
For whom?
[quote=partypup]
Time to step down and let someone else carry that load [/quote]
Wow, how inspiring. That’s the spirit! Got any candidate nations in mind? One you think will do as good or better than the U.S. has since say 1944?

So sad the defeatism. Perhaps you actually hope for the chaotic future you predict, thinking that this will increase the value of your gold holdings. Seems a cold comfort.[/quote]

Perhaps you think that by continuing to denial what is now inevitable will give you some cold comfort. Look, you can fight the wave or you can roll with it. I happen to think this is a wave that has been building for a long time, and whatever the merits of being a superpower and regardless of how well the U.S. has performed that job up until now, the point is that the cycle has ended, and our time at the top of the heap is over. And no, I don’t think that’s such a bad thing in the long run. I’m sorry you would prefer to cling to the rotted hulk of what was once a great nation. I prefer to reset and re-boot and hope we can come up with something better in the process. You apparently have trouble accepting the fact that something valuable can come out of a system reboot. You apparently don’t believe that Americans can take the pain and are not resourceful and vibrant enough to reject the greed and excess that brought us to this place and forge a BETTER future. And your lack of faith is truly what is defeatist.

Stop clinging to the past and accept your future. And in the process of accepting it, you might consider actually preparing for it. Because nostalgia isn’t going to pay your bills or feed your face.

[partypup]

[quote=KSMountain][quote=partypup]
The pressure of being a super power is too great to bear.[/quote]
For whom?
[quote=partypup]
Time to step down and let someone else carry that load [/quote]
Wow, how inspiring. That’s the spirit! Got any candidate nations in mind? One you think will do as good or better than the U.S. has since say 1944?

So sad the defeatism. Perhaps you actually hope for the chaotic future you predict, thinking that this will increase the value of your gold holdings. Seems a cold comfort.[/quote]

Perhaps you think that by continuing to denial what is now inevitable will give you some cold comfort. Look, you can fight the wave or you can roll with it. I happen to think this is a wave that has been building for a long time, and whatever the merits of being a superpower and regardless of how well the U.S. has performed that job up until now, the point is that the cycle has ended, and our time at the top of the heap is over. And no, I don’t think that’s such a bad thing in the long run. I’m sorry you would prefer to cling to the rotted hulk of what was once a great nation. I prefer to reset and re-boot and hope we can come up with something better in the process. You apparently have trouble accepting the fact that something valuable can come out of a system reboot. You apparently don’t believe that Americans can take the pain and are not resourceful and vibrant enough to reject the greed and excess that brought us to this place and forge a BETTER future. And your lack of faith is truly what is defeatist.

Stop clinging to the past and accept your future. And in the process of accepting it, you might consider actually preparing for it. Because nostalgia isn’t going to pay your bills or feed your face.

[partypup]

[quote=SD Realtor]I agree… For all the crappy things our country has done, and there has been alot, I don’t see a country out there who will “carry that load”. That is a laughable statement.[/quote]

It doesn’t matter whether or not there is a country that can step up and carry the load. Fundamental economics now dictate that we can no longer perform that task. Do you understand that? Let’s deal with reality. By necessity someone else will HAVE to step up (as the U.S. stepped up and took the mantle from Britain in the early 20th century), and it will be a country that could not have done so as long as the U.S. consumed that space and prevented the natural order of succession from occurring. It might not be next year or even in the next decade. But the vacuum will be filled, as it has always been filled throughout history. Even though a U.S. successor hasn’t appeared on the horizon doesn’t mean that won’t will appear. It’s folly to assume that these transitions occur on a schedule, arriving like the 1 train from Battery Park. When a bunch of thugs crash the system, things are going to get f****d up, and a seamless transition may not be on the cards. That’s the price we all will have to pay for our participation in a worldwide Ponzi scheme.

Because at the end of the day, you have to ask yourself: What in God’s name is the U.S. currently doing for the world besides dragging down their economies and standards of living? We were once a much greater nation, but the undeniable truth now is that rather can carry the load, we gave become the baggage! We give very little at this point, we’ve flooded the world with our toxic, devalued currency, we consume and take disproportionately, and we don’t even bring peace in our military forays.

So please tell me: what *load* are we presently carrying? Because whatever it is, it is increasingly clear that the rest of the world – based on the coordinated actions we’ve seen in recent months by BRIC countries and some Western *allies* – does not want us to carry it anymore. Because we can no longer be trusted to do so in a responsible fashion.

Sorry if you disagree with this, but flag-waving has its limits, IMO.

[partypup]

[quote=SD Realtor]I agree… For all the crappy things our country has done, and there has been alot, I don’t see a country out there who will “carry that load”. That is a laughable statement.[/quote]

It doesn’t matter whether or not there is a country that can step up and carry the load. Fundamental economics now dictate that we can no longer perform that task. Do you understand that? Let’s deal with reality. By necessity someone else will HAVE to step up (as the U.S. stepped up and took the mantle from Britain in the early 20th century), and it will be a country that could not have done so as long as the U.S. consumed that space and prevented the natural order of succession from occurring. It might not be next year or even in the next decade. But the vacuum will be filled, as it has always been filled throughout history. Even though a U.S. successor hasn’t appeared on the horizon doesn’t mean that won’t will appear. It’s folly to assume that these transitions occur on a schedule, arriving like the 1 train from Battery Park. When a bunch of thugs crash the system, things are going to get f****d up, and a seamless transition may not be on the cards. That’s the price we all will have to pay for our participation in a worldwide Ponzi scheme.

Because at the end of the day, you have to ask yourself: What in God’s name is the U.S. currently doing for the world besides dragging down their economies and standards of living? We were once a much greater nation, but the undeniable truth now is that rather can carry the load, we gave become the baggage! We give very little at this point, we’ve flooded the world with our toxic, devalued currency, we consume and take disproportionately, and we don’t even bring peace in our military forays.

So please tell me: what *load* are we presently carrying? Because whatever it is, it is increasingly clear that the rest of the world – based on the coordinated actions we’ve seen in recent months by BRIC countries and some Western *allies* – does not want us to carry it anymore. Because we can no longer be trusted to do so in a responsible fashion.

Sorry if you disagree with this, but flag-waving has its limits, IMO.

[partypup]

[quote=SD Realtor]I agree… For all the crappy things our country has done, and there has been alot, I don’t see a country out there who will “carry that load”. That is a laughable statement.[/quote]

It doesn’t matter whether or not there is a country that can step up and carry the load. Fundamental economics now dictate that we can no longer perform that task. Do you understand that? Let’s deal with reality. By necessity someone else will HAVE to step up (as the U.S. stepped up and took the mantle from Britain in the early 20th century), and it will be a country that could not have done so as long as the U.S. consumed that space and prevented the natural order of succession from occurring. It might not be next year or even in the next decade. But the vacuum will be filled, as it has always been filled throughout history. Even though a U.S. successor hasn’t appeared on the horizon doesn’t mean that won’t will appear. It’s folly to assume that these transitions occur on a schedule, arriving like the 1 train from Battery Park. When a bunch of thugs crash the system, things are going to get f****d up, and a seamless transition may not be on the cards. That’s the price we all will have to pay for our participation in a worldwide Ponzi scheme.

Because at the end of the day, you have to ask yourself: What in God’s name is the U.S. currently doing for the world besides dragging down their economies and standards of living? We were once a much greater nation, but the undeniable truth now is that rather can carry the load, we gave become the baggage! We give very little at this point, we’ve flooded the world with our toxic, devalued currency, we consume and take disproportionately, and we don’t even bring peace in our military forays.

So please tell me: what *load* are we presently carrying? Because whatever it is, it is increasingly clear that the rest of the world – based on the coordinated actions we’ve seen in recent months by BRIC countries and some Western *allies* – does not want us to carry it anymore. Because we can no longer be trusted to do so in a responsible fashion.

Sorry if you disagree with this, but flag-waving has its limits, IMO.

[partypup]

[quote=SD Realtor]I agree… For all the crappy things our country has done, and there has been alot, I don’t see a country out there who will “carry that load”. That is a laughable statement.[/quote]

It doesn’t matter whether or not there is a country that can step up and carry the load. Fundamental economics now dictate that we can no longer perform that task. Do you understand that? Let’s deal with reality. By necessity someone else will HAVE to step up (as the U.S. stepped up and took the mantle from Britain in the early 20th century), and it will be a country that could not have done so as long as the U.S. consumed that space and prevented the natural order of succession from occurring. It might not be next year or even in the next decade. But the vacuum will be filled, as it has always been filled throughout history. Even though a U.S. successor hasn’t appeared on the horizon doesn’t mean that won’t will appear. It’s folly to assume that these transitions occur on a schedule, arriving like the 1 train from Battery Park. When a bunch of thugs crash the system, things are going to get f****d up, and a seamless transition may not be on the cards. That’s the price we all will have to pay for our participation in a worldwide Ponzi scheme.

Because at the end of the day, you have to ask yourself: What in God’s name is the U.S. currently doing for the world besides dragging down their economies and standards of living? We were once a much greater nation, but the undeniable truth now is that rather can carry the load, we gave become the baggage! We give very little at this point, we’ve flooded the world with our toxic, devalued currency, we consume and take disproportionately, and we don’t even bring peace in our military forays.

So please tell me: what *load* are we presently carrying? Because whatever it is, it is increasingly clear that the rest of the world – based on the coordinated actions we’ve seen in recent months by BRIC countries and some Western *allies* – does not want us to carry it anymore. Because we can no longer be trusted to do so in a responsible fashion.

Sorry if you disagree with this, but flag-waving has its limits, IMO.

[partypup]

[quote=SD Realtor]I agree… For all the crappy things our country has done, and there has been alot, I don’t see a country out there who will “carry that load”. That is a laughable statement.[/quote]

It doesn’t matter whether or not there is a country that can step up and carry the load. Fundamental economics now dictate that we can no longer perform that task. Do you understand that? Let’s deal with reality. By necessity someone else will HAVE to step up (as the U.S. stepped up and took the mantle from Britain in the early 20th century), and it will be a country that could not have done so as long as the U.S. consumed that space and prevented the natural order of succession from occurring. It might not be next year or even in the next decade. But the vacuum will be filled, as it has always been filled throughout history. Even though a U.S. successor hasn’t appeared on the horizon doesn’t mean that won’t will appear. It’s folly to assume that these transitions occur on a schedule, arriving like the 1 train from Battery Park. When a bunch of thugs crash the system, things are going to get f****d up, and a seamless transition may not be on the cards. That’s the price we all will have to pay for our participation in a worldwide Ponzi scheme.

Because at the end of the day, you have to ask yourself: What in God’s name is the U.S. currently doing for the world besides dragging down their economies and standards of living? We were once a much greater nation, but the undeniable truth now is that rather can carry the load, we gave become the baggage! We give very little at this point, we’ve flooded the world with our toxic, devalued currency, we consume and take disproportionately, and we don’t even bring peace in our military forays.

So please tell me: what *load* are we presently carrying? Because whatever it is, it is increasingly clear that the rest of the world – based on the coordinated actions we’ve seen in recent months by BRIC countries and some Western *allies* – does not want us to carry it anymore. Because we can no longer be trusted to do so in a responsible fashion.

Sorry if you disagree with this, but flag-waving has its limits, IMO.

[SD Realtor]

Thanks for that. So now try to answer my question. Who do you think will “carry the load”?

There is nothing that I am denying except your claim that in 3 weeks chaos will reign. Like you claimed a year ago.

I am not denying things are screwed and will get much worse. I am denying that you believe some other country will “carry the load”.

Americans don’t have a choice in taking the pain or not taking the pain. They will take whatever card is dealt. There is nothing at all I am clinging to. The country will change whether we like it or not. So I am not sure what you think I am clinging to.

You seemed to like to make a great speech out of my question without answering it at all. Please point out something, ANYTHING that I wrote where I am clinging to any nostalgia.

Go ahead, point it out.

Oh yeah and then try to answer my question.

[SD Realtor]

Thanks for that. So now try to answer my question. Who do you think will “carry the load”?

There is nothing that I am denying except your claim that in 3 weeks chaos will reign. Like you claimed a year ago.

I am not denying things are screwed and will get much worse. I am denying that you believe some other country will “carry the load”.

Americans don’t have a choice in taking the pain or not taking the pain. They will take whatever card is dealt. There is nothing at all I am clinging to. The country will change whether we like it or not. So I am not sure what you think I am clinging to.

You seemed to like to make a great speech out of my question without answering it at all. Please point out something, ANYTHING that I wrote where I am clinging to any nostalgia.

Go ahead, point it out.

Oh yeah and then try to answer my question.

[SD Realtor]

Thanks for that. So now try to answer my question. Who do you think will “carry the load”?

There is nothing that I am denying except your claim that in 3 weeks chaos will reign. Like you claimed a year ago.

I am not denying things are screwed and will get much worse. I am denying that you believe some other country will “carry the load”.

Americans don’t have a choice in taking the pain or not taking the pain. They will take whatever card is dealt. There is nothing at all I am clinging to. The country will change whether we like it or not. So I am not sure what you think I am clinging to.

You seemed to like to make a great speech out of my question without answering it at all. Please point out something, ANYTHING that I wrote where I am clinging to any nostalgia.

Go ahead, point it out.

Oh yeah and then try to answer my question.

[SD Realtor]

Thanks for that. So now try to answer my question. Who do you think will “carry the load”?

There is nothing that I am denying except your claim that in 3 weeks chaos will reign. Like you claimed a year ago.

I am not denying things are screwed and will get much worse. I am denying that you believe some other country will “carry the load”.

Americans don’t have a choice in taking the pain or not taking the pain. They will take whatever card is dealt. There is nothing at all I am clinging to. The country will change whether we like it or not. So I am not sure what you think I am clinging to.

You seemed to like to make a great speech out of my question without answering it at all. Please point out something, ANYTHING that I wrote where I am clinging to any nostalgia.

Go ahead, point it out.

Oh yeah and then try to answer my question.

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