Anyone want to make a bet on when US goes bankrupt? (Fearless Blue)

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Another word I can choose?

What I don't understand is who all the countries in major debt owe money too? Investors?

China owns Most of the USA cash and Germany Bailed out Greece?

The IMF issues/purchases most all world debt. All central banks draw from the IMF. Do not be naive.

Long time since a post, but w/ever. I'll say if the Republicans win the next election, it'll be the third year of the presidency, if a Democrat, probably about six months later. I hate this system.

Suprisingly America' Bitch (known as Australia to some) has survived the downturn fine. One Australian Dollar is now worth 1.08 American Dollars, an all time high which shows the American Dollar had depreciated quite a bit. If America goes under though we're screwed coz we'll be overrun by China.

The US will never go bankrupt. They will simply print more money.

We (US) will make a deal with the IMF to forgive our debt and we will lose our freedom. "The rich rule over the poor, and the borrower is servant to the lender".

Well, the Chinese economy is slated to overtake the U.S. in 2016. I figure that they'll be knocking on our doorsteps a few years later. So I don't think that we'll go bankrupt, since China is eventually going to start outspending us on the military, then land there boats in San Fransisco and roll right over us until they've established they're the dominant force on the planet.

As a matter of fact China's true military spending, according to The Asian Times, is already more than the US, both in real terms and as a percentage of GDP. Better practice up on our Mandarin language.
Also, within the next couple years it's the military's turn to take over China's leadership. I don't fully understand their system, but apparently their Politburo switches back and forth from civilian to military leadership every so many years.

I already have been boning up on Mandarin. Although I'd much rather have the nuclear launch codes for when they roll their tanks through my home. I'm not going down without a fight! Gimmee a shotgun, a Glock, and a combat knife, and when they come on through I'll take down as many of them as I can. I just hope I turn 18 before the military takes over so that I can have those firearms when it happens.

This has all been planned for decades in advance. China is to be the next world policeman as well as producer of goods. Name something of substance we still produce? Even our weapons components come from China.

I wouldn't ignore Russia either, they're doing quite well with energy supplies and have the scientific background and a strong military-industrial complex. I trust my AK-47 for home defense.

That's a wicked partnership.
I doubt they invade, they'll just bully us the way we have others for years.

Here's what I think will happen. The Chinese military will take over the politburo whenever, and they will rapidly become expansionist. Two possibilities here: China takes over several southern countries, at which point the United States will probably attempt to intervene. We deploy troops in southern Asian countries, and while not actually declaring war on China, a second Cold War will start, with diplomacy between the United States and China breaking down. Russia and the European Union will most likely come in on the side of the United States, with Japan most likely on the side of China, if it isn't quickly taken over. Eventually, after expanding to the south and the west, China will invade Russia, at which point Russia will declare war on China, the U.S., trying to protect the Russian oil fields, will declare war on China, some members of the European Union will declare on China, with most remaining neutral. Eventually, in a last ditch attempt t

Now the second possibility is that China, deciding that the best chance for expansionism is to take down the U.S. first, at which point they invade. A sneak attack on west coast states will likely occur at the same time as attacks on Alaska and Hawaii, quickly establishing a base of operations for attack on inland states. As the United States erodes away, the military will become more and more desperate. NATO will most likely do nothing, and eventually, the U.S. border will be down to the Great Plains area. When this happens, the U.S. will start evacuating cities, and as the Chinese get closer and closer to Washington, nukes will most likely be fired. China fires back, and the jet stream carriers the radiation around the planet. In North America, everything north of Virginia will be destroyed, but only to the east of, say, mid-Tennessee. Large parts of eastern China will be destroyed, and the wind will probably carry radiation to Japan, killing a lot of pe

South America? Pah. You forget Australia! SOON WE SHALL RULE THE WORLD! MAAAAAAAAD MAAAAAAAAAAAX

Yeah, Australia would be pretty good in the extremely unlikely event of a nuclear winter. And since it's getting on to your meteorological winter, don't forget your jacket when you go to the beach ;)!

Much more likely scenario would be through the Korean peninsula, with a possible coordinated attack on Taiwan to split the U.S. response.

China and Japan allies? Those two countries have a hate for each other that goes back a couple thousand years. Hate might be a little strong nowadays, but allies, never.

Alan, bingo on both your comments. The only thing the Chinese have more of than people is patience. Their civilization is as old as the hills, and they have a sense of superiority that rivals the French.

And Russia is definitely reemerging. The modernization of their military is going full blast, and their nuke program modernization far outstrips ours. (their new tank looks pretty awesome and it's SUPP

Woodrow had a good question: who do countries actually owe all this debt to?

Well, there are some unbelievably wealthy private families that don't appear on the forbes list at all, they are well beyond that. They shun the spotlight, and raked in trillions upon trillions of dollars from behind the scenes. They are the shareholders of the private central banks, in part through ownership of the member banks of this giant money lending cartel, which include the largest commercial banks in the developed world.

Where did the private central banks get so much money to lend in the beginning? Watch the brief 30 minute doc Money as Debt to understand.

Rep, check out the new russian 5th generation fighter that is not far off from production, the pak-fa. They've partnered with india for some of the avionics/software, but the plane itself looks great and builds on previous designs. From what I can tell it will be a match for an f-22 but able to deliver ground ordinance as well, all for a lower price than it's counterpart(s).

The f-35 is not only having development problems and at about double the original budget, but has been simulated against possible future opponents and it's air combat performance might be closer to a 4.5 gen fighter. Basically it's an expensive super hornet with some stealth. The history channel program hyping it talking about future dogfights was hilarious :D

BTW a chinese official recently said Russian-Chinese Relations are at and "all-time high". Look it up. They are founding members of the Shanghai Cooperation Organization.

Hey Alan,

I've seen shots of the pak-fa. As my nephew says "wicked frosty".

Saw that history channel show. You're right, it was a ROFLMAO program.

The point about the central banks is definitely valid. A lot of people don't realize that the Federal Reserve is NOT a Federal government agency. I have had a problem with that for a LONG time. Thank FDR for that one. Along with confiscating all privately held gold during the depression in order to force people to change over to strictly paper money.

Sidebar history lesson: The U.S. election of 1896 had as a major issue whether to allow silver coinage to be issued. The country was in the midst of a depression, the money supply was extremely low because the only federally recognized coinage were copper and gold. The Democratic candidate William Jennings Bryan, ran on a platform of "free silver", wanting the U.S. to begin using the abundant silver res

Hmmm.... Russia and China, the two largest countries on earth, as allies.... I can see how that could be extremely bad.

Your OK, the Brits will bail you out again :p

F**k that, give me an assault rifle and a box of ammo and I'll run those sons of bitches out of town as soon as they cross the city line.

"I know this is a year-old conversation, but listen up! I'd like to update this thing with some idea in mind.

Look at history. If there was one civlization that influenced the creation of America, it's Rome. Apparently though, it seems that our fall is likely to be the same as theirs. We have a republic - they did also. But the thing is, when crises struck, the Romans saw an era of corruption, debt, and suspicion - the very scenario which is ripe for Empires to rise. America is going thorugh this stage of civilization; the country's democracy will not last any longer if these debts, political parties, wars, corruption (e.g. bribery from oil companies), and disunion are completely suppressed from existence, but this however is IMPOSSIBLE. The very republic we created by and for the people is giving way to new, dark Empire.

Brace yourselves. It will be tough ride from then on. And then, our civilization will dissipat

It's already started, it started when we gained independence from the British. Only the rich have ever been able to get elected to President and most other powerful positions, with a few exceptions. This is not a republic, or even a democracy, it's more like an aristocracy where we decide which rich guy to put in office. Even then, it's mostly influenced by money. Our nation is already an empire; just look at Iraq, Afghanistan, and our attempts in Korea and Vietnam: with the former two we installed puppet governments, and I'm sure we would have if we had won Vietnam and Korea. And we have territories all over the world.