I see an economic diasater coming...

[triffid]

Democracy is not an easy path.Egypt may still find her way.The USA went through some difficult times too,including a civil war.There is hope for Egypt yet!Today I found this link  http://finance.yahoo.com/blogs/breakout/walmart-earnings-miss-exposes-collapsing-economy-davidowitz-142435260.html
here they are saying that Walmart shows our(USA) economy is collapsing.I also saw an article saying that APPLE computers is hiring like crazy in China.I wonder if there is a connection? Duh??

[triffid]

Fuel cells at ten times the power and one-tenth the cost.  http://news.yahoo.com/meet-cube-fuel-cell-future-122700537.html
My book "the long boom" said fuel cells will play an important part in our future.


Not too surprised either to learn that Egypt is considering outlawing the MB.  http://news.yahoo.com/egypt-considers-outlawing-muslim-brotherhood-133719274.html

[ecKen]

@Profitis:

whats going to happen if a dollar collapse comes,a massive political vaccuum will breed all kinds of extremist ideologies of the right and left thats why i say now is the time for ideology renewal and it must be done fast before this point is reached. the elites may want to deflect this energy away from themselves and onto other parts of the globe meantime,this may ignite even bigger fires,fires that cant be put out.

I posed this question in the form of "what if the Fed proposes we change to a new currency?" a few pages ago. I think they will get by with it and we will again be the losers. Re-defining money seems to me the only way to clear the balance sheets if that is in any way a goal.

That would be one way to let the EU and the US out of their debt and I suppose China and maybe Russia would gain a large stake in the new currency. Of course these elites would just rack up a new debt with their new currency and maybe only buy some time till they had to do it again.  What would we lose? Land perhaps? More? Who knows.

Thanks,

Ken

[profitis]

hi @ken.the u.s. and e.u. will never change their currencies as that is their power base.they have to hold up and pump up the values of those currencies to maintain global dominance however,hyperinflation is setting in internaly and that is extremely dangerous.they should go onto to some sort of gold standard to prop those currencies up realisticly instead of hypotheticaly otherwise hyperinflation eats away at the economy.how would a currency change alleviate debt @ken?would it decentralise or hypercentralise government dictatorship?who would benefit? Important questions ken.   

[triffid]

Meet the top ten richest members of Congress!  http://news.yahoo.com/richest-members-of-congress-221704397.html






Im against any kind of gold standard.It would make money(scarce) hard to get.Also the very wealthy have most of the gold and silver anyway.It would just make them more wealthy.triffid