Heres whats really going on in the world that Fox News, MSNBC, and CNN wont tell you. You heard it from your old buddy, Charlie Dickman: As of September 10, 2014, White House website says Fed Gov. will collect $3.001721 trillion in taxes this year, an all-time record. This year fed gov. will spend $3.650526 trillion, about normal for past five 6 years; running a deficit of $648.805 billion (which is a lot less than the $1 trillion we have run every other year under Obama, so Congress/White House are doing better this year than other years). The National Debt Clock (which live tracks the accumulation of many years of deficit spending) says that as of today the official National Debt is: $ 1 7 , 7 6 1 , 5 8 0 , 3 9 6 , 2 4 4 . 6 0 . Thats 17.7 trillion. To me, none of this is really troubling if we continue to be the worlds reserve currency. But a year ago, I traveled to the Southern Caribbean Islands of Granada and Dominica. I was shocked to learn that China had built Dominica a brand new $30 million dollar capital building, and there were now thousands of Chinese living on the island in exchange. Also, locals in Granada told me that China had swooped in to prop up their failing currency, and, again, in exchange, there were now thousands of Chinese living on this tiny island. The media seem all-consumed with Russia and Putin and tell us Putin is our real geopolitical problem.. Yet Russia is currently experiencing a demographic population implosion--in 35 years, Russias current population of 140 million will shrink to just over 100 million. Think of all the vastness of Russia, largest country of world, with only 100 million people. There are now over a billion and a half Chinese people on this planet, and their government is active in moving Chinese people and their currency across the globe. Yet we never hear about China on the news much, even though that country basically supplies all our basic needs other than foodstuffs, since both George Bushes and Bill Clinton sent millions of American jobs packing there in the 1990s and 2000s. Heres what I see happening in the future: China in actively laying the groundwork across the globe to set up their currency, the Yuan, as the worlds new reserve currency. In the meantime, they keep buying US Dollars, thereby letting us keep running $500 to $1,000 billion a year deficits and adding to the current $17.76 trillion national debt. Meanwhile, they are building up an alliance with Putin, whom we have alienated through our delusional Dick Cheney thinking that we still run the world, even though we are $17.76 trillion in debt. Once the Chinese have everything in place--their people spread across the globe and their currency ready for prime time--they cut us off in every way. No more I-Pads, I-Phones or other electronics (they make them, people) and they quit buying our debt. At the same time, they invade Taiwan and assert complete Hegemony in their sphere of the world. Finally, they really cripple us by sinking the U.S. Dollar. Of course, our friends at the Federal Reserve will keep printing crisp $20 bills. But they will be about as valuable as Confederate Money after the defeat at Gettysburg. But maybe Im wrong. Remember a few days before the election when I told you all Romney was going to win big time?
Posted on: Wed, 10 Sep 2014 11:21:15 +0000
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