[emg]

http://www.marketwatch.com/story/imf...end-2011-04-25

This is what i think will happen:

When China becomes the world largest economy:

1) USA and Canada will begin forming under single currency.
2) USA will create a free trade zone similar to NAFTA in south america .
3) EU will begin aggressive campaign expanding in the Black Sea countries
4) Japan, Australia, and New Zealand will form somekind of pact or free trade zone.


Lets the debate begins!

[Tradewinds]

The age of the U.S. had already ended. That happened 20 or more years ago. The only reason the U.S. has maintained the government is through borrowing. The U.S. is already dead. It's been on "life support" through borrowing and now it's time to start planning for funeral arrangements. Everyone is just waiting for the U.S. to take it's last gasp of air and die.

Class warfare has been going on for 30 years. And now the class war is over. Guess who lost? The middle class is dead. They are on life support also.

Who cares about Iraq, we should have invaded Mexico and taken them over. Bring all the troops home, and if someone messes with someone else, just drop a few nuclear bombs on them. The world population is way to big anyway. The only real deterrent is Guaranteed Mutual Destruction. Actually, they call it Mutually Assured Destruction. It's a real strategy. So start using all these nuclear weapons. What's the sense in building them, and just letting them sit and rust? Either that or just have an Armageddon like war. That will help bring the population down. There are not enough war causalities.

Swine flu could have been the best thing that could have happened, but that didn't go very far. Modern medicine is just too good at keeping people alive. Why are they inoculating all the children in Africa? So they can survive childhood, then get AIDS and die? What's the point?

We already have an economic slave class. Let's just make slavery legal.

China has the right idea. Limit every family to one child. And let's euthanize all these people with Alzheimers. The drowning people are going to drag down everyone else.

[mslk]

The US won't go down without a fight ...

They are going to:
1. try and screw their creditors via inflation (which is already happening)
2. if that fails, they will try to screw their biggest creditors (China) by making up some accusations of currency manipulation\fraud and then essentially write off those debts
3. if that fails, they will threaten to nationalize 'critical to the US' companies and threaten to pull all of them out of China and put in other locations with cheap labor
4. if that fails, they will go to war

And on US soil, this is going to happen:
1. severe depression because of inflation and no jobs
2. a hallowing out of middle america to the big cities

It's sad but I don't think the leadership has the balls to do anything drastic to turn this around. Greed and corruption has ruined this country ... just like every other world power in the past

[TheDude]

Originally Posted by emg »

IMF bombshell: Age of America nears end Brett Arends' ROI - MarketWatch

This is what i think will happen:

When China becomes the world largest economy:

1) USA and Canada will begin forming under single currency.
2) USA will create a free trade zone similar to NAFTA in south america .
3) EU will begin aggressive campaign expanding in the Black Sea countries
4) Japan, Australia, and New Zealand will form somekind of pact or free trade zone.


Lets the debate begins!

I dont think the Canuks will want to have a single currency with the USA. Why would a solid economy (Canuks) want to merge their currency with a bankrupt corporation? Besides, with China becoming the next economic super power, thats only good news for the Canuks given they are a resource driven economy like Oz, and China needs all the natural resources it can.

One thing is for sure - USA is BUST!!!! its just a matter of time now before we move from sub-prime households to sub-prime countries like Greece, Portugal, Iceland, Ireland, USA, Spain.....

Despite the slightly anti-semite stance, I think this nutter conspiracy site has a ring of truth to it... (scroll down to the time of the American Civil War if you dont have time to read it all)

Timeline of the Rothschild family

[MightyMouse]

Never underestimate the power of greed, gluttony, pride, envy,lust, anger and sloth.

In the process we have gotten control of most of the global resources by spreading the pax americana.

It means that with my straw, I drink your milkshake.

[ahimsa]

Lapalisse the war is ever stupid .
Today i'm looking for the Folco Terzani interview ,Tiziano Terzani son's,and i stopped to read some tought of his father.He said.that an terrible and epocal event like 11 september offer to us occidental,to rethink to our future.he compared the after 11 september like a bit of time that slip away from a flash lightning to the rumble of thunder.we are living in this bit of time,there was the terrible flash lightning(11 september twin towers).The big boom will arrive and could be sweep away.it's would be better that we equipe us for this.begining from our daily life,after this event it's impossible and would be also a shame to be like before.We must take in consideration that peace is the only option.no more war,war is never solution is the causes of other wars.its impossible to win terrorism without know of his reasons,and the rethinking,of the occidental globalization.I think that this man( apart for one thing),had ever in his life good thought.If is true that this era will be destroyed,for the earthquakes(like every era was been victim of some climatic events)we must think this.THE MAN IS THE ONLY OPTION THE RECOVER OF HIS DIMENSION,IN EQUILIBRIUM WHIT THE PLANETH THAT GIVE US OSPITALITY.THIS ARE AGAIN DAYS WHERE IS POSSIBLE TO DO IT.THE JOURNEY IS LONG.THE BEGINING IS INSIDE US.This is a concept that made me think a lot this afternoon,because if it's true that the US economy is corrupted like his country(do you think that in other country is all rose and flowers,?is all clear,?no )the us economy is very important for the rest of world his currency,and all his stocks influenced the world economyin europe we have the problem with greece portugal,ireland,pain in usa you have the USD no strong now,USA economy would be ever more strong because people buy in USD not in EUR ,china is too much time by now that began his steps for become the world largest economy,what stopped china for being the first power now?,i think only his currency.If it's true that when we trade we must considered us like a mirror,for the simple fact that when we start to make an action we can become the mirror of what the mass done.This tought are good for real life because the action that we make in our life was been ever the consequence of the true life.from ghandi to hitler,is like an a gears were the man falls.WHY in forex its not important what we think?or better our thought,agree,desperation or happyness can influenced a gain or a loss.but the market don't care what really we think.is like a machine,from a side he teach us that the pshichological factor is essential,and from the other don't care.i think that maybe i can become crazy,for this,the only thought that make me clear,its that we are the consequence of our action as in life as in trading (i talk about forex because in this moment i'm here).

[Tradewinds]

Originally Posted by mslk »

The US won't go down without a fight ...

They are going to:
1. try and screw their creditors via inflation (which is already happening)
2. if that fails, they will try to screw their biggest creditors (China) by making up some accusations of currency manipulation\fraud and then essentially write off those debts
3. if that fails, they will threaten to nationalize 'critical to the US' companies and threaten to pull all of them out of China and put in other locations with cheap labor
4. if that fails, they will go to war

And on US soil, this is going to happen:
1. severe depression because of inflation and no jobs
2. a hallowing out of middle america to the big cities

It's sad but I don't think the leadership has the balls to do anything drastic to turn this around. Greed and corruption has ruined this country ... just like every other world power in the past

Exactly right. The only way the U.S. can come up with the money to pay it's debts is to print money. Most people believe that printing loads of money with no real backing, will devalue the dollar, and also cause inflation. I'm not so sure of that myself, but I have nothing to really base that on. Inflation is partly being caused by higher oil prices.

The real problem is human behavior. We are our own worst enemy.

[Tradewinds]

Actually, it wouldn't be a bad strategy of the U.S. to "load up" on cheep Chinese goods, and then not pay them back. The U.S. could get a lot of goods for almost nothing. Just use China as a slave. So stock up on supplies now. Hopefully those inexpensive Made in China goods will last long enough to make it through the great depression number 2.
Bring all the troops home, then implement military law in the U.S. Do random drug testing on everyone in order to dry up the demand for drugs coming from Mexico. Have the military implement martial law in the U.S. after society breaks down and total chaos erupts.
Then ID everyone with an embedded computer chip so you can be tracked every second of the day. That will cut down on crime.