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A Debt Default is Not the Real Problem for the US
Many
commentators are discussing the collapse of the US today. Indeed, the most
common theme I see one of “it’s all over,” usually focusing on the math/ debt
problems in the US.
Debt is a
major problem, but it’s not always one that destroys everything. History is replete with countries that
defaulted on their debt… and the world kept chugging along regardless.
So, the idea
that the US will default on its debt and we’ll somehow re-enter the stone age
is false. Human ingenuity and survival skills are far better than that. Indeed, the human race was in much worse
conditions when we were hiding in caves and running from prehistoric monsters.
We somehow survived
that situation and evolved to make peanut butter and jelly sandwiches and drive
cars… so I’m sure we’ll figure out how to deal with the collapse of the US
empire and the end of the Dollars status as world reserve currency.
So rather
than freaking out about our debt problems, I think we need to address the real
issue that LEAD TO our disastrous debt situation. And that issue in the the US
today is that the people making the major decisions are not problem solvers but
politicians.
Let’s
consider this for a moment.
Problem
solving requires critical analysis and flexible thinking. Anyone who’s tried to
tile a bathroom or even balancing their personal finances knows that the
process is not linear in nature. That is, there is no one single correct
answer.
Instead,
there are endless solutions and the real issue is one of picking the solution that
best utilizes what’s on hand in a realistic way to create the best outcome.
This
involves being able to accurately assess the situation/ problem, taking account
of the resources at hand, and then coming up with creative or traditional
approaches to use the latter to address the former.
In contrast,
a politician has one primary goal: election. Consider that the perceived problem in this situation is not
actually a problem at all, but an issue of ego, “I must win.”
These people
are not problem solvers. As we find out regularly, they often cannot organize
their own personal finances (or cheat on them), their personal lives are a
shambles (how many members of Congress leave their wives for lobbyists?), and
in truth they don’t even understand the issues they are debating/ need to
address if elected.
Instead, all
of their efforts are aimed at saying the right things so they can get in
office. And once elected, the
focus is on getting re-elected or preparing to run for a higher office.
Consequently,
their focus never actually shifts to address or implement real change or
solutions to the problems facing the country. The reason for this is:
a) none
of them have a clue how to fix these problems
b) taking
a risk with implementing a real solution could result in too much career risk
If your
primary concern is getting re-elected, you’re not going to go out on a limb and
implement some policy that could go wrong. Instead you’ll look for
half-measures, small moves that could produce small changes, band-aids for
society’s wounds rather than actual healing.
However, as
bad as Congress is, the US Federal Reserve is much worse. These guys don’t even
actually address reality, but are stuck in a world of models and formulas. Seriously,
they can say with a straight face that inflation is contained, fill their gas
tanks at the pump (with $5 gas) and not connect those dots.
You can see
it in their policies. The Fed really only has one policy: printing money.
Everything the Fed’s done revolves around this (interest rates, are secondary).
Every time a problem surfaces, the Fed’s answer is to print more money.
Small wonder
then that the US Dollar is falling off a cliff. And it’s only going to get
worse. The idea that somehow these guys are going to wake up one day and think,
“maybe we shouldn’t print money” is delusional. And any public comments they
make about considering this as an option is just posturing by those looking for
political points.
Which is why
the US is set to enter a period of mega-inflation in the coming months. The Fed’s
going to keep printing GUARANTEED. And we all know how this will turn out: the
Dollar collapses.
So if you’ve
yet to take steps to prepare your portfolio for the coming inflationary
disaster, our FREE Special Report, The
Inflationary Disaster explains not only why inflation is here now, why the
Fed is powerless to stop it, and three investments that absolutely EXPLODE as a
result of this.
All in all
its 14 pages contain a literal treasure trove of information on how to take
steps to prepare AND profit from what’s to come. And it’s all 100% FREE.
To pick up
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and click on FREE REPORTS.
Good
Investing!
Graham
Summers
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Best choice for US is to stop being a front organisation.
Best choice for USA is to balance the budget and end the ponzi schemes
Why dont you just say the best choice is for everyone to move to mars?
Can anyone name one country with a balanced budget?
Didn't think so.
governments are extortion agents for central banks.
Which is why our Founders set up a government in which only landowners could vote. Landowners were the ones who paid the taxes that financed the government. In essence, only TAXPAYERS could vote. Imagine what the U.S. would be like today if this were still the case.
Ug99 will be the great equalizer. The real questions will be:
How many barrels of Middle Eastern oil will it take to buy one bushel of U.S. wheat?
How much Fed paper will flood back from China when they need to buy U.S. food to keep their own starving people from overthrowing their government?
trickle effect and how it works:
people
government
central banks
owners of central banks.
Yeah, like your own little shithole of a country is any better. Always remember one thing. No matter it's faults, America is YOUR LEADER. You are the follower.
Now stop whining.
1. It is not whining, it is discussing the economic reality, which is pretty bad and there is no point pretending otherwise. Here is a simplified version for you specially:
The USA default is a problem for holders of USA debt. The USA is exploited by the same group of people who control many of the puppet goverments and central banks around the world.
2. You are a troll.
.. for Israel you should add
Joo S A! Joo S A!
I think the people running USA do not care about religion or nationality. And Israel is just another puppet state to be used for their gains, in my opinion.
Israel's main purpose is to serve as a nuclear armed home base for the International banksters to flee too once they have overstayed their welcome in their host countries -been that way for a thousand years. Now there is a safe haven with 400 nukes capable of blowing up every major city on the planet.
Is it them or us? I think you should do a little research into the ridiculous amount of dual citizens in government...
True.
Can you just imagine in what kind of world we would live if the US invested it's militarybudget on development of new energy resources or new technologies besides drone development?
exactly! I am not a military strategist but history has shown, bigger does not win the war, small angry and agile do.
I can't. It is hard to imagine everybody getting along, and world wothout war and millitary. Probably because since I started learning, it has been one common theme in history.
Thank God we have Continental Europe to show us the way.
Oh, ha ha! Good one!