I remember I used to wonder what on Earth we would do to stop China from becoming the worlds most dominant nation.
The scheme hatched on the Chinese to tie our economies together is making Bernie look like a tinkerer.
The power elite are achieving their goals of reducing the working class to settling for survival wages and laying waste to financial institutions worldwide. A dispirited working class will accept most any change to make things better, even if it means a new international power structure that destroys borders and reduces the standard of living of most all except the ones causing the chaos.
The question is, where is the breaking point and what can be done to stop this evil, insidious plot.
The scheme hatched on the Chinese to tie our economies together is making Bernie look like a tinkerer.
The power elite are achieving their goals of reducing the working class to settling for survival wages and laying waste to financial institutions worldwide. A dispirited working class will accept most any change to make things better, even if it means a new international power structure that destroys borders and reduces the standard of living of most all except the ones causing the chaos.
The question is, where is the breaking point and what can be done to stop this evil, insidious plot.
http://articles.moneycentral.msn.com/In … spx?page=1Now here's why this affects all of us: China and the U.S. together built the most monstrous liquidity bubble in world history as each pursued what it believed to be logical self-interest without any regulator, such as a stern global central banker, telling them that they were on a path of mutually assured destruction.
Now it's reached the point where global capital markets will impose their own discipline. Because most money generated over the past decade was spent on consumption rather than investment -- it's as if Madoff's clients blew their fake money on chartering jets rather than buying real property as a store of wealth -- there are few new buyers of goods. This has killed U.S. retail sales, crushed employment, lifted the foreclosure rate, stymied homebuilders and undercut loan demand.