Loading ...I’ve been enjoying the show, ever since Joe Sixpack, in 2008, stopped paying off his debts. the first ones butt slammed were the bankers. I knew that day, China, Europe and all those blood sucking socialist communist countries sucking off the USA were going to go down, one by one. Simple logic. Less American consumer dollars available to prop up the other nations.
“Socialism is fine, until you run out of other people’s money to spend” Margaret Thatcher quote. We finally got the big crash in ’08 that I was expecting since 1980. Global socialism (globalization) is finally failing, after 2008. Redistributing American’s consumer and investment dollars to other countries since 1975, has peaked in summer ’08.
The USA was in a “stealth” depression since 1980 to March 2009. Covered over in various ways, with tax payer dollars and higher credit limits until it got uncovered. China is next to get wealth siphoned off for the next 30 years, they can afford it now, we can’t. We are now like China was in 1979.
I’ve noticing the gov’t media pushing a lot of “higher wages needed” hoopla. Back in ’75 just the opposite, lots of “UAW auto workers wages too high ruining the country” hoopla.
Higher wages for hamburger flippers, will automatically raise all other occupation wages accordingly. Pecking order of occupations. The deflation (or wages lagging inflation) in tax payer sector, has been dragging everything down.
Ultimately, all foreign gov’ts, and global corporations depend on the taxes and wages and the best wherewithal of the USA masses. Greed has finally caught up to Robin Hoods, that were sucking the USA dry.