The United States is at war, and we have been for a very long time now. But this war did not start with any discernible military or violent act, its roots are far deeper and more pervasive….the war has been raging in our financial markets and worldwide economic system….and the United States of America has lost this war.
Things are going to get very, very ugly in this country. In this world. Time for us all to stand together.
Read the attached article carefully,
“The U.S. government has to come to terms with the painful fact that the good old days when it could just borrow its way out of messes of its own making are finally gone,”
“China, the largest creditor of the world’s sole superpower, has every right now to demand the United States address its structural debt problems and ensure the safety of China’s dollar assets.”
“International supervision over the issue of U.S. dollars should be introduced and a new, stable and secured global reserve currency may also be an option to avert a catastrophe caused by any single country.”
“It urged the United States to cut military and social welfare expenditure. Further credit downgrades would very likely undermine the world economic recovery and trigger new rounds of financial turmoil, it said.”