There is an old saying in politics: “If your opponent is burying himself with his own words, get out of his way and let him continue.” It’s the same in Washington’s foreign wars and quest for world empire. Washington is bankrupting the nation by prosecuting wars with no stated goal and no end game. And the other major world players are wisely stepping out of the way and allowing…even helping…Washington destroy itself.
Think about it. China is financing DC’s wars by buying Treasury securities. They already own nearly $1 Trillion in Washington debt. Washington is already functionally bankrupt but still borrowing and spending on war. Nations like China and Russia do not need to lift a finger in opposition to Washington’s actions. They are simply patiently waiting for Washington to destroy America and the US Dollar. Meanwhile, they save jillions of dollars in military spending by standing to the side and allowing America piss off the entire world and be its self-proclaimed police force. China can absorb the losses when DC defaults. In the meantime, China and Russia are consolidating their economic positions globally by skillful negotiations on commodities buying and selling. Russia supplies a large percentage of natural gas to Europe, which fills their coffers with capital. China has quietly made staggering deals for raw materials around the world. Meanwhile, Washington dithers and borrows and spends and allows America to become a Third World nation, the largest debtor nation in the history of mankind.
The nations of the world can see the inevitability of American economic collapse. The smart nations are preparing for the worst. But the question arises: are there any smart nations left in the world? The ONLY thing that a smart nation can do right now to prepare for global economic collapse is to switch to a precious metals money system.
http://dumpdc.wordpress.com/2011/06/30/graveyard-of-empires/
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