But since the US is the goose laying toyota Motor’s golden eggs, they don’t dare do anything that would harm us. Besides, we protect them from the Chinese – for free, I might add with a scowl.

From where I’m standing, the biggest danger is this: a world war against the US would cost the Chinese much more that the value of their current US debt holdings, and China doesn’t give a rat’s ass about anyone but themselves, when all is said and done. I can easily see the Chinese dumping their US debt, destroying the US economy – and with it, the US war machine – and taking their long-desired place as the world’s only global superpower. Remember, they believe in all that “Middle Kingdom” crapola. They’re better than everyone else, and if you ask them, they’ll tell you all about it.

Stocking up on food and so forth is a dandy idea. But the best idea is paying off every last bit of your debt ASAP. Our government is totally bought and paid for by the money caste, and when this all hits the fan, the laws will swiftly be changed to give the money caste any excuse they can get to come take all your stuff away from you. Houses, cars, credit cards: pay ‘em all off. Quick, fast and in a hurry.

Alarmism? No. A pragmatic and realistic view of what human beings are all about.

http://www.cnbc.com/id/25451427

http://www.forbes.com/afxnewslimited/feeds/afx/2008/06/30/afx5166111.html

This is real. The global economy is going to implode

Know thy US of A history. It would not be the first time it happens. US independance debts to France 48 million dollars, were never paid back to Louis XV. The fiasco of the Continental. The Conferate Bank worthless bank bills and the civil war hyperinflation. Yes Virginia. These things happened even in the US of A. A long time ago, but it can still happen.

The translation in English is correct.

You forgot John Williams.
Stagflation ? Hyperinflation ? Yes. It will happen when foreigners finally get tired of the paper burning their pockets.

http://www.youtube.com/watch?v=IV110mMvnUY&NR=1

———————————————————-
A little bit of history

http://www.youtube.com/watch?v=LPitcRcIT7U&feature=related

The biggest hoax. The hoax of the century is the Labor Department phoney and corrupted statistics.
The Bush and the Clinton administration, all both controlled by Goldman Sachs, loved and cultivated hoaxes in grand scale.

http://www.shadowstats.com/

Fortis or Labor Department trash ? No real difference.

We are going to experience a hyperinflationnary depression, an energy crisis, massive bankruptcies and another stupid oil war with Iran.

Oh did I mention it, the end (good riddance !) of the dollar-standard and the return to the stability of the gold-standard. Oil is going to 200$ or 300$ with Iran.

Al Quaida who knows ?, is maybe just a fantastic hoax fabricated and financed by Haliburton and the arms dealers. Saddam Hussein arm’s of mass destruction was a hoax but not the 330 billion of oil under his feet. You see. Hoaxes are everywhere. This hoax is fantastic one and like I said, it’s the way it will happen. No joke.

http://www.youtube.com/watch?v=dpDgrvYd36k&eurl=http://www.itulip.com/

This was not a hoaxe. It was on Bloomberg Asia on Sunday night. 53 trillion debts. I think the interviewed manager is dutch. Maybe it’s him ?

http://ml-implode.com/staticnews/2008-07-02_FortisCollapsePredictionAHoax.html

I am not that bright. Bankers and politicians blow up bubbles and after that, it’s your problem not theirs. Can you get another job in another region ? Reading you, I really have the impression that it’s 1929 all over again or even worse.

Hang on to what is important, you health your wife your family. Maybe let go of the house ? Try to sublet it or having renters in one part of the house ? Try to obtain a modification ?