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US dollar will be finished in two years - brace for impact!

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  • #31
    Re: US dollar will be finished in two years - brace for impact!

    Originally posted by GRG55 View Post
    What is preposterous is that anyone thinks they can predict, with such seeming certainty, how this century will evolve...
    Well said.. reminds me of the zen story of luck:

    There was an old farmer who had worked his crops for many years. One day his horse ran away. Upon hearing the news, his neighbors came to visit. “Such bad luck,” they said sympathetically.


    “Maybe,” the farmer replied.


    The next morning the horse returned, bringing with it three other wild horses. “How wonderful,” the neighbors exclaimed.

    China is still a communist country. There was a period of time when everyone thought Japan was going to take over the world .. how did that turn out?

    Comparing the US to the UK is

    “Maybe,” replied the old man.


    The following day, his son tried to ride one of the untamed horses, was thrown, and broke his leg. The neighbors again came to offer their sympathy on his misfortune.


    “Maybe,” answered the farmer.


    The day after, military officials came to the village to draft young men into the army. Seeing that the son’s leg was broken, they passed him by. The neighbors congratulated the farmer on how well things had turned out.


    The fact is,the US has near 10% unemployment. This is very very cleansing.

    People are waking up and there will be a whole generation of people who will learn what it means to be living paycheck to paycheck. It's capitalism at its best.
    Last edited by blazespinnaker; October 23, 2009, 04:29 AM.

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    • #32
      Re: US dollar will be finished in two years - brace for impact!

      I love that quote:

      China’s $1.6 trillion or so invested in US bonds is a sunk cost.
      Oh yeah, what's 1.6T between friends eh?

      Give Pritchard credit though, he's not an idiot. His focus on demographics is dead on.

      At the end of the day, America is a unified nation forged by wars, under the rule of law, with a (largely) unifying language and patriotic creed, and one of the oldest and most deeply-rooted democracies in the world. As the Supreme Court demonstrated during Watergate, it can break presidents who violate the law
      Last edited by blazespinnaker; October 23, 2009, 04:37 AM.

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