August 10, 2009
– Comments (5)
Shouldn't the insolvent bankers be treated like the insolvent citizens?
Prepare.....this can't go on much longer before MOAP....9.09.
DOES CHINA EVEN NEED AMERICA ANYMORE?
Government reports China's exports fall 22.9 percent in July, imports down 14.9 percent
China's July lending up $52 billion, M2 up 28.4%
China retail sales jump 15.2% in July
China's industrial output up 10.8% in July
Interesting, China's exports collapsing but the nation is growing rapidly as the banks loan more money
Why should the Chinese accept American paper dollars when they could just as easily accept Chinese currency...it seems to be the trend these days.
If we don't restructure debt, a collapse or other distracting event is not too far down the road.
Okay, I'll bite. MOAP?
MOAP..the mother of all predictions
Jeff Kuhner (reporter for Washington Times) gives EXCELLENT insight regarding festering situation in the Middle East ... Ahmadinejad and his alliance w/ Syria, N. Korea and sponsoring Hezbollah (sleeper cells in US) and, of course, Israel; "We are sleepwalking toward disaster."; "We are reaching tje tipping point; the point of no return."
(I know this is a financial blogging site .. but this stuff is all interconnected)
What I can tell you about MOAP is based on current probabilities, what ever comes down, it will be more convulsive than anything most are expecting.