Not if, but when...
Posted on 05/10/2010 2:15:34 AM PDT by The Raven
But look at the Euro fall back down to 1.2781.
It had risen to over 30 last night.
Ben better get those currency swaps in place to support the Euro with the dollar, and ball them out at our expense.
The math doesn’t lie.
And “the mob” (ChiComs) doesn’t support “debt forgiveness.”
Depression and then massive warfare.
At least it will disprove the Caroll Quigley’s and Richard Nixon’s of the world, who believed that if all the world economies were dependent on one another, there would be no more war.
What if all those economies fail? What else is there? Hugging and kissing?
Because we were united through the socialist, totalitarian system of central banks and because our monetary policy has no solid backing, and because we believed that if we let manufacturing disappear everyone would find jobs in upper management, the math will not let us lie for much longer.
The bill is coming due. And as we step up to the cashier, we realize our wallet has been emptied by thieves.
Robbing Peter to pay Paul, robbing Paul to Pay Peter..............
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