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partypupParticipant
[quote=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.[/quote]
First: if you recall the last week of September and the first week of October of 2008, I think you must admit that chaos did reign as our elected leaders struggled to plug the gaping holes that suddenly appeared in the financial system: the Dow went from 11,421 to 8,579 in about a week. TARP was quickly pushed through because nearly one trillion dollars was flooding out of money market funds in one twenty-four (24) hour period.
And this is not chaos to you? Unless you’re accustomed to living in a third world country, SD, this is most certainly chaos in what had once been orderly and predictable financial markets.
Second: I did answer your question, but you did not answer mine. My answer to your question, to be perfectly clear, is as follows: I do not see any individual country that can assume the *load* that the U.S. has carried. And I don’t know if one will appear in the near future. And quite frankly, that doesn’t bother me in the least. Why? Because, as I poised in my question to you, the U.S. offers absolutely NOTHING to the rest of the world at this point. We are the *load*. So please tell me what role you see the U.S. currently fulfilling, and why you think it is important for some other country to assume that role?
partypupParticipant[quote=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.[/quote]
First: if you recall the last week of September and the first week of October of 2008, I think you must admit that chaos did reign as our elected leaders struggled to plug the gaping holes that suddenly appeared in the financial system: the Dow went from 11,421 to 8,579 in about a week. TARP was quickly pushed through because nearly one trillion dollars was flooding out of money market funds in one twenty-four (24) hour period.
And this is not chaos to you? Unless you’re accustomed to living in a third world country, SD, this is most certainly chaos in what had once been orderly and predictable financial markets.
Second: I did answer your question, but you did not answer mine. My answer to your question, to be perfectly clear, is as follows: I do not see any individual country that can assume the *load* that the U.S. has carried. And I don’t know if one will appear in the near future. And quite frankly, that doesn’t bother me in the least. Why? Because, as I poised in my question to you, the U.S. offers absolutely NOTHING to the rest of the world at this point. We are the *load*. So please tell me what role you see the U.S. currently fulfilling, and why you think it is important for some other country to assume that role?
partypupParticipant[quote=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.[/quote]
First: if you recall the last week of September and the first week of October of 2008, I think you must admit that chaos did reign as our elected leaders struggled to plug the gaping holes that suddenly appeared in the financial system: the Dow went from 11,421 to 8,579 in about a week. TARP was quickly pushed through because nearly one trillion dollars was flooding out of money market funds in one twenty-four (24) hour period.
And this is not chaos to you? Unless you’re accustomed to living in a third world country, SD, this is most certainly chaos in what had once been orderly and predictable financial markets.
Second: I did answer your question, but you did not answer mine. My answer to your question, to be perfectly clear, is as follows: I do not see any individual country that can assume the *load* that the U.S. has carried. And I don’t know if one will appear in the near future. And quite frankly, that doesn’t bother me in the least. Why? Because, as I poised in my question to you, the U.S. offers absolutely NOTHING to the rest of the world at this point. We are the *load*. So please tell me what role you see the U.S. currently fulfilling, and why you think it is important for some other country to assume that role?
partypupParticipant[quote=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.[/quote]
First: if you recall the last week of September and the first week of October of 2008, I think you must admit that chaos did reign as our elected leaders struggled to plug the gaping holes that suddenly appeared in the financial system: the Dow went from 11,421 to 8,579 in about a week. TARP was quickly pushed through because nearly one trillion dollars was flooding out of money market funds in one twenty-four (24) hour period.
And this is not chaos to you? Unless you’re accustomed to living in a third world country, SD, this is most certainly chaos in what had once been orderly and predictable financial markets.
Second: I did answer your question, but you did not answer mine. My answer to your question, to be perfectly clear, is as follows: I do not see any individual country that can assume the *load* that the U.S. has carried. And I don’t know if one will appear in the near future. And quite frankly, that doesn’t bother me in the least. Why? Because, as I poised in my question to you, the U.S. offers absolutely NOTHING to the rest of the world at this point. We are the *load*. So please tell me what role you see the U.S. currently fulfilling, and why you think it is important for some other country to assume that role?
partypupParticipant[quote=Aecetia]I think that has been the plan all along, to devalue the dollar which would stimulate trade and lower the cost we repay the dollar in. The losers are the few in this country who actually save or those who live on a fixed income. When inflation hits, that’s a whole new story, but that can be another thread. Gold, silver, guns and ammo., especially before ammo. gets even more scarce. And if you are TG, you also stock up on beans.[/quote]
A, Jim Rickards was interviewed on CNBC a couple of weeks ago and laid out pretty much what you are saying here. I actually can’t believe they even let this guy on camera. Essentially, the U.S. was *appointed* to carry the load (i.e. fuel global growth) for the past 50 years, and the only means by which to do this was to devalue our currency over time and gradually impoverish our citizens. Our elected leaders always knew the day would come when our ability to fuel growth would end, and the U.S. will now be pushed into a corner and our dollar will be drastically devalued while the IMF and other world organizations now assume that role, which is one reason why China has been pushing hard for the use of SDRs. The whole New World Order concept that conspiracy theorists cling to may stem from this effort to pass the mantle from the U.S. and kick it up to the next level, i.e. global governance on an economic, political and military level. Rickards believes that there is probably no country large enough to assume the U.S.’ economic role, so that role will have to be assumed by a coalition of countries. Not saying I agree with him, but it’s an interesting proposition.
Anyway, it’s a great video, and I highly recommend watching it. The petrified look on the faces of the two anchors interviewing Rickards at the end of the segment is worth the price of admission alone.
http://www.cnbc.com/id/15840232?play=1&video=1275511738
And regarding ammo: I’ve been hearing the same thing in LA. A friend of mine went to my favorite gun shop the other day and could only get 200 rounds of 9 mm. They apparently haven’t had a new shipment in a while. She eventually found some after making a few calls, but this would have been unheard of a couple of years ago.
partypupParticipant[quote=Aecetia]I think that has been the plan all along, to devalue the dollar which would stimulate trade and lower the cost we repay the dollar in. The losers are the few in this country who actually save or those who live on a fixed income. When inflation hits, that’s a whole new story, but that can be another thread. Gold, silver, guns and ammo., especially before ammo. gets even more scarce. And if you are TG, you also stock up on beans.[/quote]
A, Jim Rickards was interviewed on CNBC a couple of weeks ago and laid out pretty much what you are saying here. I actually can’t believe they even let this guy on camera. Essentially, the U.S. was *appointed* to carry the load (i.e. fuel global growth) for the past 50 years, and the only means by which to do this was to devalue our currency over time and gradually impoverish our citizens. Our elected leaders always knew the day would come when our ability to fuel growth would end, and the U.S. will now be pushed into a corner and our dollar will be drastically devalued while the IMF and other world organizations now assume that role, which is one reason why China has been pushing hard for the use of SDRs. The whole New World Order concept that conspiracy theorists cling to may stem from this effort to pass the mantle from the U.S. and kick it up to the next level, i.e. global governance on an economic, political and military level. Rickards believes that there is probably no country large enough to assume the U.S.’ economic role, so that role will have to be assumed by a coalition of countries. Not saying I agree with him, but it’s an interesting proposition.
Anyway, it’s a great video, and I highly recommend watching it. The petrified look on the faces of the two anchors interviewing Rickards at the end of the segment is worth the price of admission alone.
http://www.cnbc.com/id/15840232?play=1&video=1275511738
And regarding ammo: I’ve been hearing the same thing in LA. A friend of mine went to my favorite gun shop the other day and could only get 200 rounds of 9 mm. They apparently haven’t had a new shipment in a while. She eventually found some after making a few calls, but this would have been unheard of a couple of years ago.
partypupParticipant[quote=Aecetia]I think that has been the plan all along, to devalue the dollar which would stimulate trade and lower the cost we repay the dollar in. The losers are the few in this country who actually save or those who live on a fixed income. When inflation hits, that’s a whole new story, but that can be another thread. Gold, silver, guns and ammo., especially before ammo. gets even more scarce. And if you are TG, you also stock up on beans.[/quote]
A, Jim Rickards was interviewed on CNBC a couple of weeks ago and laid out pretty much what you are saying here. I actually can’t believe they even let this guy on camera. Essentially, the U.S. was *appointed* to carry the load (i.e. fuel global growth) for the past 50 years, and the only means by which to do this was to devalue our currency over time and gradually impoverish our citizens. Our elected leaders always knew the day would come when our ability to fuel growth would end, and the U.S. will now be pushed into a corner and our dollar will be drastically devalued while the IMF and other world organizations now assume that role, which is one reason why China has been pushing hard for the use of SDRs. The whole New World Order concept that conspiracy theorists cling to may stem from this effort to pass the mantle from the U.S. and kick it up to the next level, i.e. global governance on an economic, political and military level. Rickards believes that there is probably no country large enough to assume the U.S.’ economic role, so that role will have to be assumed by a coalition of countries. Not saying I agree with him, but it’s an interesting proposition.
Anyway, it’s a great video, and I highly recommend watching it. The petrified look on the faces of the two anchors interviewing Rickards at the end of the segment is worth the price of admission alone.
http://www.cnbc.com/id/15840232?play=1&video=1275511738
And regarding ammo: I’ve been hearing the same thing in LA. A friend of mine went to my favorite gun shop the other day and could only get 200 rounds of 9 mm. They apparently haven’t had a new shipment in a while. She eventually found some after making a few calls, but this would have been unheard of a couple of years ago.
partypupParticipant[quote=Aecetia]I think that has been the plan all along, to devalue the dollar which would stimulate trade and lower the cost we repay the dollar in. The losers are the few in this country who actually save or those who live on a fixed income. When inflation hits, that’s a whole new story, but that can be another thread. Gold, silver, guns and ammo., especially before ammo. gets even more scarce. And if you are TG, you also stock up on beans.[/quote]
A, Jim Rickards was interviewed on CNBC a couple of weeks ago and laid out pretty much what you are saying here. I actually can’t believe they even let this guy on camera. Essentially, the U.S. was *appointed* to carry the load (i.e. fuel global growth) for the past 50 years, and the only means by which to do this was to devalue our currency over time and gradually impoverish our citizens. Our elected leaders always knew the day would come when our ability to fuel growth would end, and the U.S. will now be pushed into a corner and our dollar will be drastically devalued while the IMF and other world organizations now assume that role, which is one reason why China has been pushing hard for the use of SDRs. The whole New World Order concept that conspiracy theorists cling to may stem from this effort to pass the mantle from the U.S. and kick it up to the next level, i.e. global governance on an economic, political and military level. Rickards believes that there is probably no country large enough to assume the U.S.’ economic role, so that role will have to be assumed by a coalition of countries. Not saying I agree with him, but it’s an interesting proposition.
Anyway, it’s a great video, and I highly recommend watching it. The petrified look on the faces of the two anchors interviewing Rickards at the end of the segment is worth the price of admission alone.
http://www.cnbc.com/id/15840232?play=1&video=1275511738
And regarding ammo: I’ve been hearing the same thing in LA. A friend of mine went to my favorite gun shop the other day and could only get 200 rounds of 9 mm. They apparently haven’t had a new shipment in a while. She eventually found some after making a few calls, but this would have been unheard of a couple of years ago.
partypupParticipant[quote=Aecetia]I think that has been the plan all along, to devalue the dollar which would stimulate trade and lower the cost we repay the dollar in. The losers are the few in this country who actually save or those who live on a fixed income. When inflation hits, that’s a whole new story, but that can be another thread. Gold, silver, guns and ammo., especially before ammo. gets even more scarce. And if you are TG, you also stock up on beans.[/quote]
A, Jim Rickards was interviewed on CNBC a couple of weeks ago and laid out pretty much what you are saying here. I actually can’t believe they even let this guy on camera. Essentially, the U.S. was *appointed* to carry the load (i.e. fuel global growth) for the past 50 years, and the only means by which to do this was to devalue our currency over time and gradually impoverish our citizens. Our elected leaders always knew the day would come when our ability to fuel growth would end, and the U.S. will now be pushed into a corner and our dollar will be drastically devalued while the IMF and other world organizations now assume that role, which is one reason why China has been pushing hard for the use of SDRs. The whole New World Order concept that conspiracy theorists cling to may stem from this effort to pass the mantle from the U.S. and kick it up to the next level, i.e. global governance on an economic, political and military level. Rickards believes that there is probably no country large enough to assume the U.S.’ economic role, so that role will have to be assumed by a coalition of countries. Not saying I agree with him, but it’s an interesting proposition.
Anyway, it’s a great video, and I highly recommend watching it. The petrified look on the faces of the two anchors interviewing Rickards at the end of the segment is worth the price of admission alone.
http://www.cnbc.com/id/15840232?play=1&video=1275511738
And regarding ammo: I’ve been hearing the same thing in LA. A friend of mine went to my favorite gun shop the other day and could only get 200 rounds of 9 mm. They apparently haven’t had a new shipment in a while. She eventually found some after making a few calls, but this would have been unheard of a couple of years ago.
partypupParticipant[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.
partypupParticipant[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.
partypupParticipant[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.
partypupParticipant[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.
partypupParticipant[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.
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