THE GREAT DOLLAR BUBBLE IS FINALLY ENDING...
THE DOLLAR WAS THE KEYSTONE OF THE GLOBAL ECONOMY HAS WE HAVE KNOWN IT...
EVERYONE KNEW THAT WE WERE LIVING IN AN "ECONOMIC ANOMALY"...IT WAS ALL BASED ON THE "EXCEPTIONALISM" OF THE US DOLLAR... AND FOR A WHILE IT WORKED...
CHINA WAS WILLING TO ACCEPT THE DOLLAR "AS IF" IT WERE REALLY GOLD...AND NOT JUST PAPER...
TRADE FLOWED...CONSUMPTION ABOUNDED...CREDIT CARDS FILLED AND RE-FILLED AND WERE REFI-ED WITH HOUSE EQUITY MONEY...
HOUSE VALUES BECAME A PONZI SCHEME NOT UNLIKE THE TULIP MANIA, OR THE SOUTH SEAS BUBBLES OF THE 1720'S...
THE ELITES PLUGGED THE GAPS FOR A WHILE...OFTEN WITH THEIR OWN MONEY. AND SOMETIMES JUST HAPPY TALK TO EACH OTHER AND THE MASSES. EVERYONE BELIEVED. EVERYONE DRANK TO KOOL AID
THEN AMERICA AND CHINA DEVELOPED THEIR "SPECIAL RELATIONSHIP"...AMERICANS MADE NOTHING AND CONSUMED EVERYTHING...
CHINA AND INDIA BECAME "THE FACTORY" FOR THE NEW GLOBAL ECONOMY....
IT WAS 1890's REDUX WITH CHINA SPEWING GOODS AND TOXINS FAR AND WIDE... CHINA HOARDED WORTHLESS DOLLARS.
CAPITAL RULED...AND LABOR WAS WORTH NEXT TO NOTHING...
IT WAS A NEW "GILDED AGE"....BILLIONAIRES ABOUNDED....EVERYONE HAD A RIGHT TO BE RICH...JUST PLAY THE STOCK MARKET AND INVEST IN YOUR 401K...AND YOU TOO WOULD HAVE MILLIONS IN THE BANK...
NOW... THE KEYSTONE HAS BEEN REMOVED...
SLOWLY SLOWLY THE STONES OF THE GREAT ARCH OF PERPETUAL PROSPERITY ARE STARTING TO SHIFT...OMINOUS GRINDING NOISES ARE BEING HEARD DEEP DOWN INSIDE THE GIANT CONSTRUCT...
THE LINES OF FORCE ARE BEING RE-DIRECTED...AND CENTER OF GRAVITY IS SHIFTING...
THE KEYSTONE IS GONE...
