[deMolay]

Storm Clouds Ahead for the USA. http://www.nationalpost.com/news/story. ... ments_list
A major shift is underway globally?

[SeaGypsy]

Linky not worky! Is it the derivatives story in the Financialpost section?

[deMolay]

Try this link SeaGypsy. http://www.nationalpost.com/news/story. ... ments_list

[deMolay]

[quote]"We are now at the start of what may become the most dramatic change in international order in several centuries, the biggest shift since European nations were first shuffled into a sovereign order by the peace of Westphalia in 1648," writes Joshua Cooper Ramo in his book The Age of the Unthinkable.


]

[Novus]

$this->bbcode_second_pass_quote('', '
')The U.S. report was written just as the global economic crisis began to unfold in 2008 and it predicted a gradual decline of American power over 15 years. But Mr. Klare says the financial crisis upset that timetable.

"As a result of the mammoth economic losses suffered by the United States over the past year and China's stunning economic recovery, the global power shift the report predicted has accelerated," he says. "For all practical purposes, 2025 is here already."

[Stonemason]

Interesting, thanks.

[Keith_McClary]

Peter Goodspeed, National Post should have mentioned that Global Trends 2025 was released months ago. You can download the .pdf and read the whole thing.

This is just a lazy writer's yearend piece.

[BigTex]

The U.S. today is Britain 100 years ago.

No voodoo needed for that conclusion.

The difference is that Britain had the U.S. to bail it out and assume the superpower label. The U.S. is unlikely to have a similar successor in the future (certainly not China).

China has built an economy based upon selling plastic crap to the first world while terrorizing its own citizens. That's not going to end well.

[mike3]

$this->bbcode_second_pass_quote('Novus', '')$this->bbcode_second_pass_quote('', '
')The U.S. report was written just as the global economic crisis began to unfold in 2008 and it predicted a gradual decline of American power over 15 years. But Mr. Klare says the financial crisis upset that timetable.

"As a result of the mammoth economic losses suffered by the United States over the past year and China's stunning economic recovery, the global power shift the report predicted has accelerated," he says. "For all practical purposes, 2025 is here already."

[Revi]

Here's another cheery article from Marketwatch (not known for gloomy articles):

http://www.marketwatch.com/story/our-de ... genumber=1

I think something is going to happen soon. Heinberg, Greer, this guy. They are all saying that it's going to get bad soon. Any port in a storm.

[rangerone314]

If the US collapses into a "rump state", what states would most likely be part of it?

[Olaf]

$this->bbcode_second_pass_quote('', 'I') will say it again, gently: A new meltdown is coming. The Great Depression II is coming, soon. And yet, I know your mental filters are working, blocking warnings of a bomb. I can even hear you calling me "the fool on the hill who sees the sun going down, the world spinning round" ... sees you kissing your retirement goodbye.

[lonewolf]

To paraphrase several others, "The future is already here. It's just not evenly distributed yet."

[Ludi]

$this->bbcode_second_pass_quote('Revi', '
')I think something is going to happen soon. Heinberg, Greer, this guy. They are all saying that it's going to get bad soon.

[rangerone314]

$this->bbcode_second_pass_quote('Ludi', '')$this->bbcode_second_pass_quote('Revi', '
')I think something is going to happen soon. Heinberg, Greer, this guy. They are all saying that it's going to get bad soon.

[Revi]

Nobody says when it will get "Bad", or how bad. Anyone have any actionable intelligence on when TSHTF? How, when, where?

It seems like a lot of people are saying that the dollar is getting a boost because the Euro is all tied up trying to keep Greece afloat. They say when that resolves or doesn't will tell what is going to happen to the dollar.

The Fed bought about 80% of Treasuries last year. That can't be good. And yet the dollar seems to be climbing for some reason.

They say that there was a some kind of a run on the gold bullion being held in London for billionaires. What that means I'm not sure. They say that physical gold is trading for a 25% premium now, as people try to get to safety.

Here's an article from the Golden Jackass:

http://news.goldseek.com/GoldenJackass/1265248800.php

Here's Greer from the Archdruid Report:

http://thearchdruidreport.blogspot.com/

Here's Denninger with the proof that we are in trouble:

http://market-ticker.denninger.net/

[careinke]

Ron Paul, in his 2010 State of the Republic address, says it has already started.

http://dailypaul.com/node/122355

[Revi]

I think it's started too. It seems like the winter phase of the Kondratieff cycle is well under way.

http://en.wikipedia.org/wiki/Kondratiev_wave

People go for assets that are the safest and most liquid at the bottom of the cycle.

Spring may not start for a while. If winter started in 2008, then we have at least 10 more years of winter. If it started earlier we may around ground hog day now.

What do you think?

[Revi]

I'm thinking that the winter phase started in 2005, with the peak of oil, and it's going to be winter until around 2020, when we start to see spring from the emerging "green economy". A lot of people will be dead by then, and a lot of places will look like Detroit.

What do you think?

[rangerone314]

$this->bbcode_second_pass_quote('Revi', 'I')'m thinking that the winter phase started in 2005, with the peak of oil, and it's going to be winter until around 2020, when we start to see spring from the emerging "green economy". A lot of people will be dead by then, and a lot of places will look like Detroit.

What do you think?