When will the American
dollar bubble burst?


President Reagan borrowed more money than all the presidents before him put together.

President Clinton, despite his unpopularity, did try to do something to get the American economy back on track.

President Bush then ran up enormous debts, more than all the presidents before him put together, including Reagan.

President Obama has now run up more national debt than all the presidents before him put together, including Bush!

The world is awash with paper dollars and one day everybody is going to wake up to this fact and so many people with bank accounts full of dollars will suddenly find themselves with bank accounts full of nothing! (What will drug barons do when their warehouses full of US $100 bills turn into warehouses full of low quality toilet paper?)

North Korea seems to be getting belligerent, but this may well be because it knows America canít really afford to go to war on South Koreaís behalf.

Then thereís Syria where America seems to be running the risk of getting involved in a proxy war with Russia. But Russia doesnít have much in the way of national debt, so it can easily afford to beat America.

Strange really, the two evil Communist empires, Russia and China, are now the most successful Capitalist empires on the planet.

Life. It is just so full of mystery!

---March 30, 2013---

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