I SAY YES...! AND THAT'S WHY WHAT'S COMING IS A DEPRESSION ....NOT A RECESSION...!
THE 1931 POUND COLLAPSE WAS EXACTLY LIKE WHAT'S HAPPENING TO THE DOLLAR TODAY...
AND THE EFFECT WILL BE THE SAME... A LONG LONG PERIOD OF DECLINE...AND ECONOMIC DEPRESSION...
WHEN THE GLOBAL ECONOMY'S "TECTONIC PLATES" SHIFT...BAD THINGS HAPPEN...BY DEFINITION...
DOES ANYONE THINK THE US CAN AVOID IT'S INEVITABLE DECLINE...OF COURSE NOT... WE ARE IN ABOUT THE 6TH INNING OF THAT DECLINE ALREADY.... FIRST THE FACTORIES WENT...THEN THE BACK OFFICE JOBS...THEN THE BUBBLES STARTED AS A "SUBSTITUTE" FOR LOST PRODUCTIVE CAPACITY...
NOW THE DOLLAR IS COLLAPSING...BUT NEVER DISCUSSED IN DEPTH...BECAUSE PEOPLE WOULD START ASKING QUESTIONS...
WHY DID THE DOLLAR COLLAPSE...? WHOSE "AGENDA" CAUSED IT...?
AND THE ANSWER WOULD BE WALL STREET AND INTERNATIONAL CAPITAL...!
AND THAT IS JUST NOT AN "ACCEPTABLE ANSWER" IN THE US PRESENTLY...SO NOTHING IS SAID!
REMEMBER....CAPITAL IS A CONCEPT...A CONCEPT CAN BE "INTERNATIONAL"...PEOPLE...ALAS WORKERS...CAN NEVER BE "INTERNATIONAL"...
ALL PEOPLE AND THE ECONOMIES THEY LIVE AND WORK IN ARE "LOCAL!"
WHAT WE NEED IS A NEW KEYNES TO TELL US HOW TO RUN A GLOBAL ECONOMY ...."AS IF"....LOCAL PEOPLE AND LOCAL ECONOMIES ACTUALLY MATTERED...
THAT WILL BE THE GREAT JOB OF THE 21ST CENTURY...EVEN AS THE FINAL CATASTROPHES OF THE 20TH CENTURY...DECEND UPON US!
BECAUSE THE PUBLIC WILL SIMPLY NOT ACCEPT INTERNATIONAL CAPITAL'S VERDICT--- DECLARED BY THEIR PAID SYCHOPHANTS IN THE "MEDIA"--- THAT:
"CHINA MUST WIN." SIMPLY BECAUSE THEY HAVE THE CHEAPEST LABOR...!
EUROLAND, RUSSIA AND AUSTRALIA WILL LEAD THE WAY...THEY HAVE NEVER BEEN "TAKEN OVER" OR "USED" BY "INTERNATIONAL CAPITAL" THE WAY THE US AND CHINA HAVE BEEN...
BUT THE PROCESS OF RE-THINKING OUR ECONOMIC BLASPHEMIES IS JUST BEGINNING IN THE US....AND THE CHANGE BACK TO "REALITY" WILL BE DIFFICULT...
