The great thing about our world is insanity.
US debt strikes my noodle as one of those classic examples where man has completely lost his marbles. When JFK had his mind changed it became clear to the world that the US DOLLAR would no longer be representing gold or anything in reality.
Somewhere a copier was left on, and the US printed out Dollars like there was no tomorrow. Not only was that a bit insane, but these imaginary numbered dollars were spent faster than any one copier could print them. The spending of these Dollars happened so fast that even the future of US children were spent, probly mostly on breast implants, booze, and bigger guns.
An average baby born in the US today owes $ 13 000.00. Thats R 104 000 before the baby had his first poo! Ofcourse the normal principles of compounded interest applies and so by the time that baby can start paying for Dad's night out at the strip club that number is much much bigger.
But what does the dollar represent, if it isn't representing Gold any more. A currency utimately reflects its citizens. It can represents services delivered by China or India. It can represent Iraqi Oil sold in Euros. It can represent a bit of cream skimmed off the milk at a world trade center.
If nobody uses your currency, and you don't have OIL, Service or Gold... you're no longer playing with, and things become terribly honest for you. If the US cannot compete by delivering Service like the Chinese or India, and the US does not have its own oil to sell it basically can only stay relevant by forcing nations to use its currency skim a bit of cream off the top, and destabilize a country enough to enslave them with HELP FUNDS... In otherwords, making them pay off your debt.
If a nations destruction, and its subsequent rebuilding pays for your night at the stripclub, you can imagine that the US would be a forerunning in this kind of scenario.
Things like Sadam Hussain wanting to sell Oil in Euros, Quicly triggers the imaginary numbers fans [fans of the US DOLLAR] to go find IMAGINARY WEAPONS OF MASS DESTRUCTION. With the country's oil/euro supply destroyed they will play the game of the wolf. The same sutble principle is applied, in Libya, also a strong food supplier....
In countries like Panama the "HELP" was overscoped and it plunged the ecomy into such a state that the national OIL resources had to be given up as payment. Well developed places like Bagdad was levelled and subsequent rebuilding won't be done by ARAB Builder and Sons, because they no longer exist. The contracts are also going to US, and with money lent from the US, and payed for by a newly enslaved OIL well.
In our part of the world i'm sure the pot of gold, plenty of platinum at the rainbow is looking pretty attractive as a filling to the cavity in the us economy.
"US HELP" was derailed 20 years ago when Mr Nelson Mandela and Mr FW. De Klerk decided we committed to transparency and a model Democracy, taking a lot of sting out of the anti-afrikaner, anti foodsupplier rhetoric for Africa.
For as long as we have food supplies, our world remains relatively immune to the pitfalls of the treacherous and imaginary Dollar. For as long as we have food, we can say no and not worry too much about it.
Anti Boer or Afrikaner propaganda is constantly being spread to destabilize food security:
We're all familiar with the anti-Boer rhetoric of Julius Malema, and his political party would surely get large amounts of offshore funding from mystery sources, even though he's better qualified to do woodwork.
There is a clear funding of destabilizing opposition in many middle-eastern countries, and we're all familiar with the ARAB spring.
We're also learning about US buying out our Agri Co-op's and i'm guessing we'll only be supplied with genetically modified seeds... that monopolizes in the long run, and ultimately will bleed the agri sector into death.
With food supply destabilized the US return on investment would be to swop a kilo of flower for a kilo of gold... and if you're starving... that sounds like a really good deal. But with such a deal you lose funding for schooling kids, building roads, building better lives.
So fellow South Africans... be careful who you lend your ears out to. Watch out for Genetically modified foods/seeds.
And remember... every time you open a beer... You're hugging a farmer!
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