Inflatable Beer Bottle
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An Inflation Bubble Is Coming
America has lived a life of luxury at the expense of the rest of the world and we're soon going to discover that we are in the same boat. In other words we've been shooting ourselves in the foot with irrational spending, deficit spending, and yet we still think we can bail out newspapers, the US Post Office, and provide healthcare to 45 million uninsured!
When are we going to WAKE UP and get REAL?
The party is over and China and other nations are about to take away the last bottle of liquor and kick us out the door. We'll soon be looking at 5-10 inflation and eventually 10-25% or more. Can you imagine what the interest rates will be then? Hello, is anyone awake?
Certainly no one that is a Democrat in Congress is awake! And, I am NOT a Republican saying such as they are little different, or at least Bush wasn't.
The US is dependent on Japan and China buying up the country's debt and if they decide to no longer play the game, the game is OVER! Julian Robertson put it this way, "If the Chinese and Japanese stop buying our bonds, we could easily see inflation go to 20 percent. It's not a question of the economy. It's a question of who will lend us the money if they don't. Imagine us getting ourselves in a situation where we're totally dependent on those two countries. It's crazy.”
But, we're there! Hello!
Fundamentalists like to talk about the rapture and Armageddon. Well, Robertson had something to say about that as well, "It's almost Armageddon if the Japanese and Chinese don't buy our debt,” Robertson said in an interview. "I don't know where we could get the money. I think we've let ourselves get in a terrible situation and I think we ought to try and get out of it."
The party is over Congress! Sorry Obama, but you came too late to the party to be offering free beer to the party-goers. Can you say healthcare as well as all the other BAILOUTS?.
About the Author
As a spiritual-futurist, I have a BA degree majoring in history. One cannot know the future without knowing the past which holds clues to what is on the horizon. The world is in such a rapid expansion of knowledge that we are close to entering a tipping point that will forever change earth as we know it.
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US $12.99




























