Soon no one will have an advantage and that is because the state of the world leaves
everyone dependant on everyone else. The latest problem that could bring down the
United States is completely out of its control. That being the Euro and the countries
that are fighting for economic survival. Should the Euro collapse, it will take us all down.
Ireland, Iceland, Spain, Portugal, Greece, Italy, France, and even Great Britain are all in
trouble.
The Chinese manufacturing based economy is about to grind to a halt not only that they
have totally mismanaged the money they have on hold. China has built a number of
entire cities with no one living in them and they are already starting to fall apart. Not only
that, these cities were build on prime farmland in many cases.
America and even here in Canada, we are in trouble we just don't know it yet. South
America is a continent that is almost self sufficient in energy.
Most people don't have a clue of what is to come. Just like the crash of 1929 the real
effects were not felt until 1932 and 33. This go round, is somewhat similar to that one
in that it looked like all would return to normal, and it didn't.
There is one thing most don't take into account though, America is one of those nations
that has a great ability to bounce back and change the situation in a relatively short time.
That part of the equation is rarely spoken about. I think we are in deep trouble and it will
take time to rebound, but I believe we will do just that Rebound.
everyone dependant on everyone else. The latest problem that could bring down the
United States is completely out of its control. That being the Euro and the countries
that are fighting for economic survival. Should the Euro collapse, it will take us all down.
Ireland, Iceland, Spain, Portugal, Greece, Italy, France, and even Great Britain are all in
trouble.
The Chinese manufacturing based economy is about to grind to a halt not only that they
have totally mismanaged the money they have on hold. China has built a number of
entire cities with no one living in them and they are already starting to fall apart. Not only
that, these cities were build on prime farmland in many cases.
America and even here in Canada, we are in trouble we just don't know it yet. South
America is a continent that is almost self sufficient in energy.
Most people don't have a clue of what is to come. Just like the crash of 1929 the real
effects were not felt until 1932 and 33. This go round, is somewhat similar to that one
in that it looked like all would return to normal, and it didn't.
There is one thing most don't take into account though, America is one of those nations
that has a great ability to bounce back and change the situation in a relatively short time.
That part of the equation is rarely spoken about. I think we are in deep trouble and it will
take time to rebound, but I believe we will do just that Rebound.