Quote from: triffid on August 12, 2012, 10:28:53 AM
http://www.moneynews.com/StreetTalk/Massive-wealth-destruction-economy/2012/07/24/id/446424?PROMO_CODE=F8E7-1
More bad news on the way!triffid
Equally critical of the current government and our nation’s economy is real estate mogul and entrepreneur Donald Trump, who is warning that the United States could soon become a large-scale Spain or Greece, teetering on the edge of financial ruin.[/size]Trump doesn’t hesitate to point out America’s unhealthy dependence on China. “When you’re not rich, you have to go out and borrow money. We’re borrowing from the Chinese and others.”It is this massive debt that worries Trump the most. “We are going up to $16 trillion [in debt] very soon, and it’s going to be a lot higher than that before he gets finished,” Trump says, referring to President Barack Obama. “When you have [debt] in the $21-$22 trillion [range], you are talking about a [credit] downgrade no matter how you cut it.”In a recent appearance, Trump went to so far as to say the dollar is “going to hell.”Where Trump, Faber, and Schiff see rising debt, a falling dollar, and a plunging stock market, investment adviser and author Robert Wiedemer sees much more widespread economic destruction.In a recent interview to talk about his New York Times best-seller Aftershock, Wiedemer says, “The data is clear, 50 percent unemployment, a 90 percent stock market drop, and 100 percent annual inflation… starting in 2013.”

Read more: Economist Caution: Prepare For 'Massive Wealth Destruction'

A default on chineese gamblers is the least of our concerns.  Very high on Obama's priorities. Who do the Chineese owe for their industrial revolution?  I suggest and it is only a suggestion because I haven't done the research that it's the same old industrialists that industrialized Norh America.  I wish the Europeans would have put more money into condoms and less into cannons this way they wouldn't have made their overpopulation problem the whole worlds.

I think overpopulation is used too much as an excuse by those in power to dream of a world with less people.With less people more big cats other than lions and tigers would breed and become more numerous.When I visited Arizona back in 1982 I got the shock of my life at the old Tucson zoo where 19 types of big cats were in cages.19 types of big cats I knew nothing about!If we were to use thorium reactors we could generate all the electric power we would ever need and if we would commence with the water works program that Larouch is calling for then we could grow twice the food we do now in the USA.Africa could feed the world by itself if it were allowed to.This planet could support 20 billion people.All too often we are told that less people would go hungry if we had smaller numbers.But even at a population level of just 500,000 some people would go hungry.Because someone in power would see to it that they go hungry.Hunger has always been about power.triffid

This was in the news today.She just wanted his attention!   http://news.yahoo.com/blogs/abc-blogs/woman-admits-poisoning-boyfriend-visine-drops-150328306--abc-news-topstories.html  People are crazy!triffid

I suggested recently to google "Obama on science". There is something even more funny: google "Bush on science"...

    The planet could easily support alot of people but this would have to involve a paradigm shift from collectiveness to consiousness.  I postulate that the power mongers are kinda stuck in evolution.  They don't have access to anything to do with imagination.  They can not imagine a world in cooperation.  They are not to be hated they should be extended the compassion that only those of higher consiousness are able of.  Imagine for a moment not being able to discern honesty in anybody.  Unable to imagine pain and suffering.  Unable to find comfort anywhere because you need to be on the guard all the time from someone killing you for your power.  A continual quest for security.  Total lack of emotions.  Never happy never satisfied never at peace.  Your whole life a series of responses to animal instincts.  Absolutely no control over any part of your life.  Bouncing from one event to the other always on the hunt.  What's in it for me.  Total isolation from others.  This women says it better than I could ever  http://www.youtube.com/watch?v=oAK5Ids7l5g and the creators of this poetry really awake.