"To Be Old and Wise, You Have To Be Young and Stupid First."


Reading the article in Veterans Today about “China’s power move against the US dollar,” it is so frustrating to watch US loose. I have been watching this since 1997, and while it is not surprising that we are loosing the currency battle, it is amazing that no one sticks up for our country financially. The average people work every day, have families and struggle to make it while bankers and government officials negotiate our future. That is what we pay them for, but how do we know they are working on our behalf and not for themselves?

We would assume that someone is watching? With all of the mass NSA surveillance, the CIA masterminds, Think Tanks and government sponsored research, we assume that we would be protected, but it seems no one is watching. One of the most telling portions of the article is a quote by Paul B. Farrell, “Early warnings of a crash are dismissed over and over (“just a temporary correction”). They gradually numb us about the inevitable. Time after time we forget history’s lessons. Until finally a big surprise catches us totally off-guard. Financial historian Niall Ferguson put it this way: Before the crash, our world seems almost stationary, deceptively so, balanced, at a set point. So that when the crash finally hits — as inevitably it will — everyone seems surprised. And our brains keep telling us it’s not time for a crash.

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