It is important to the American and world economy that sustainable industrial and commercial private practices begin. We are about to face an economic disaster the like of which the world has never seen.
Documents from Carlyle Group say that the market will have liquidity for 12-24 months, reported in spring 2007. This means that between spring 2008 and spring 2009, the world's financial resources will dry up almost completely, leaving little more than infrastructure for economics to work with. This is "The Grinding Halt". Alan Greenspan predicted an American dollar collapse at 60% within 3-5 years, reported in 2006. This translates to 2009-2011. The ex financial officer of the World Bank predicted a worldwide economic downturn at 70% within 3 years in 2007. That comes to before 2010. We are also expected to begin the age of peak oil in about driving season "2007/2008", reported in 2005. Hugo Chavez of Venezuela said that the age of cheap oil was over in 2006. Market consequences are expected to arrive within 18 months after that period. All of these events are slated to occur in the same 3 month period, and more than likely, the same 10 day period.
The dollar has been collapsing in value since 2000. From 2000 to 2005, the dollar lost 35% of its value. On July 24, 2007, the USD sank below the Canadian dollar, trading at 1USD/1.04CAN. Every indicator regarding middle class and lower class income has fallen substantially and with high consistency since 2000AD. Labor density in America has fallen substantially.
We sold off our manufacturing base in the 1990's and 2000's especially, exporting jobs that would otherwise support Americans. Illegal immigrants are not the largest source of job competition, it is politicians, followed closely by robotics.
College tuition costs have risen multiple times faster than inflation for more than a decade. The percentage of American jobs requiring a college degree has also increased dramatically. College coursework and educational achievement levels have decreased. Most colleges now offer remedial writing, for example. Funding for education and healthcare have forced hospitals and schools to cut their staff and course offerings while increasing class sizes.
We borrow a majority of our money from China, who holds some $950 Billion in cash. They have announced that they will substantially reduce their holdings of US Dollars.
Americans today face the worst job market since the Great Depression. The fiscal divide between rich and poor has not been greater since the 1920's/1890's. Quality of living in America has decreased.
We have the amazing fiscal burdens of two major wars in the Middle East which continue to be waged, costing hundreds of billions of dollars, with an estimated 700-800 billion dollars reserved to be spent in those arenas. A heavily promoted war with Iran in the upcoming months would totally bankrupt the USA, begin the onset of global peak oil, causing the crash of every major national market except Saudi Arabia and certain other oil producing economies, and trigger 6-12 major wars for resources, likely turning into one major world war over oil. This would also likely cause a global food shortage as shipping food any substantial distance would become unprofitable and growing it would require more oil than is financially available.
This is a fiscally unthinkable time for an average American to start a family unless they have an indispensable technical degree or technical knowledge required to build a free energy machine, or a military allegiance.
An Ex-CIA has said that 2007 is to be the year when 'all cards are laid on the table'.
Who would be allowing or exacerbating this series of serious economic disasters? Their consequences will likely be the cause of ~2-3 billion deaths from starvation and wars. There is no way to shield 'America' from the consequences of these fiscal actions. There will be massive and major American cultural and personal destruction as a direct result.
See data on Smedley Butler. Search for data on the Georgia Guidestones.
Now is the best time to move any financial capital you have, and convert it into accessible actuated assets.
Wednesday, July 25, 2007
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