Meltdown is coming -- debt ratio is completely out of sight and no matter which goober we elect the day of reckoning must come eventually.

Our dollar supply is grossly too large to match our country's falling net GNP and the only thing propping this situation up is the dollar is still the "default" global currency.   This is changing however as gold is becoming a preferred global currency and gold is now what OPEC wants for its oil and China wants for manufactured goods.

Europe is going to shake off some of its weak sisters and the Euro will stabilize afterwards at some level.   Our dollar will be 'adjusted' during this same natural process.

We Americans will come out in the end "ok" but just that, ok.   All us boomers aren't going to see the golden age retirement we had hoped for, but if we bought some land or metal with our dollars last year we will be better off than if we didn't.

To fix the economy the first 2 things that need to be none is stop the wars put our troops on the Mexican border and make credit cards illegal most people and the young people for sure can't handle them right and the interest is unbelievable on them.I haven't had a credit card in 40 years,Wife got one once and after about 6 month I tore it up.I read some were when you buy gas with a credit card it cost you 6 cents a gallon more.All that money gos to the big banks.

YOure So close to getting it Row. Youre just Riiiight There,, but not quite.
Its not just that is is a Global economy, its how it came to be that way. & its not just that bailouts are gonna be needed, its why it came to be that way,
Nafta? REally? WHY? It was obviously a bad idea.
Repeal Glass Steagal? WHY? It was obviously a bad idea.
Invade Iraq? Why? Because Saddam wanted to stop taking dollars for oil?
Gadaffi? Wanted no dollars & had no need for World Bank $$$.

Look into
Confessions of an Economic Hit Man,



Letter: Economic hit man tells some tales
Chico Enterprise-Record
Posted:   06/16/2012 01:06:17 AM PDT

"U.S. corporatocracy" is the term John Perkins uses in his book "Confessions of an Economic Hit Man" (available at the library) to describe how countries are now controlled by a coalition of the U.S. government, banks such as the World Bank and International Monetary Fund and U.S.-based international corporations.

He had a lot of courage to write this book considering heads of state that have not gone along with our government and the U.S.-based international companies' suggestions have met with an early death defined as accidental.

He describes his experience of going into other countries like Indonesia, Panama, Ecuador, Columbia, Saudi Arabia, Iran and other strategically located countries and convincing them to take out huge loans for infrastructure and make sure that U.S. corporations were used for the construction. The huge loans will probably never be repaid but the countries came under the control of the U.S. government, World Bank and other U.S. aid agencies. In many cases the environment was permanently damaged.

His book gives a good brief history of our intervention in other countries' well-being and suggests our actions make a lot of people hate America and could even lead to some of them becoming terrorists.

I expect Iran to be next on the hit list because of its strategic location, water and oil resources.

— Norm Dillinger, Chico

There was about a 50 year period, dates prior to 1913, when we had goob created money, outrageous & consistent growth in America, the % unemployed was low, people were getting wealthier.

and I hate to say this...but, buy ammo.

who do you think you're going to have to shoot?

WebsterMark wrote on 06/18/12 at 19:48:49:



People who didnt prepare.

justin_o_guy2 wrote on 06/18/12 at 20:29:12:


Nope... People that prepared more that you...
They'll have more guns and bullets than you, and will want your stuff... because you have it...
Those who didn't prepare, will just wait for all the gun nuts to kill each other off...
I doubt it will take very long... ...