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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: GST who wrote (67963)12/4/2006 12:14:33 PM
From: ChanceIsRead Replies (1) | Respond to of 306849
 
>>>our major competitors, like China, are sewing up bilateral deals around the world for oil and other things. The US does not run the world and its power, prestige, influence and wealth are all rapidly falling as a result of our trying to assert our supposed 'dominance'. It did not have to be this way -- we had choices and we made very, very bad ones.<<<

The bilateral contracts are huge. I think that the truly savvy are starting to comprehend the implications, and they aren't pretty for the US. I think the "Pax Americana" is fading fast. I don't necessarily think that it is because of asserting our dominance as much as stupid investments, to include the war in Iraq. War must be viewed as an investment as well as a security issue.

>>>The painful truth is that the US has lived beyond its means long enough and the willingness of others to carry us is being depleted even faster than Saudi oil.<<<

I think that is it in a nutshell.