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The Bear · 24-04-2008, 01:45 PM

The principle trouble from the EU is trouble for the USA.

The movements that are taking place in the global economy that is wrong footing the USA results from the years of allowing a huge trade deficit to result in the build up of massive foreign debt, and what is now following on from that.

The change in the energy markets with oil increasingly being traded in Euro’s as opposed to dollars, is another and probably the greatest cause for concern for the USA government.

For decades the US dollar has been the only currency in which oil could be traded and that has been responsible for the entirely inappropriate exchange rate of the US dollar leading to the Americans being able to enjoy a standard of living way out of line with that which the real value of their currency should justify.

The USA economy had to be bailed out from the dreadful position it was in during the early 70’s following years of screwed up financial mismanagement. This was achieved by a Faustian deal with the Saudi royal family.

In this deal the Saudi’s would in their position of power within OPEC enforce the dollar as THE currency for all oil deals with the oil producing nations, and the USA in turn would underwrite the Saudi royal family’s position in Arabia with military aid and support.

Had that deal not been done the USA would have started its decline way back then and not recently as it is doing.

(Precisely what that would have done to world history, especially the future of the USSR, is anybodies guess but that’s water under the bridge.)

Today the USA is on the way of all Empires, and is collapsing from the rot at its core. The existence of the EU is facilitating that collapse and the USA government, especially the treasury are well aware of it and don’t like it one little bit.

There’s nothing they can do about it though.

The cause of the demise of the USA is complex and far reaching and includes the actions and sentiment of a whole lot of people in the world who simply detest the USA and the hegemony it has practiced over the years.

There’s also a whole lot of people whop hate the USA for other reasons, many of whom hate as well and for similar reasons, and those are the people that we must be on our guard against but that’s a related issue.

As for the USA and its pronouncements about how awful the EU is, that’s mostly rhetoric, misinformation, propaganda, spin, and a whole lot more besides.

Propaganda, spin and misinformation broadcast in an attempt to badmouth what is , if not actually one of the causes of their demise, at least a thing that is aiding it.

Why?

Simple.

in the hope of creating internal conflict within the EU and so weakening its perceived position by others in the hope that the influence of the EU will be lessened as a result.

Don't be taken in.

.

24-04-2008, 01:45 PM	#3 (permalink)
The Bear Senior Member Join Date: Feb 2008 Location: East Anglia Posts: 1,914	The principle trouble from the EU is trouble for the USA. The movements that are taking place in the global economy that is wrong footing the USA results from the years of allowing a huge trade deficit to result in the build up of massive foreign debt, and what is now following on from that. The change in the energy markets with oil increasingly being traded in Euro’s as opposed to dollars, is another and probably the greatest cause for concern for the USA government. For decades the US dollar has been the only currency in which oil could be traded and that has been responsible for the entirely inappropriate exchange rate of the US dollar leading to the Americans being able to enjoy a standard of living way out of line with that which the real value of their currency should justify. The USA economy had to be bailed out from the dreadful position it was in during the early 70’s following years of screwed up financial mismanagement. This was achieved by a Faustian deal with the Saudi royal family. In this deal the Saudi’s would in their position of power within OPEC enforce the dollar as THE currency for all oil deals with the oil producing nations, and the USA in turn would underwrite the Saudi royal family’s position in Arabia with military aid and support. Had that deal not been done the USA would have started its decline way back then and not recently as it is doing. (Precisely what that would have done to world history, especially the future of the USSR, is anybodies guess but that’s water under the bridge.) Today the USA is on the way of all Empires, and is collapsing from the rot at its core. The existence of the EU is facilitating that collapse and the USA government, especially the treasury are well aware of it and don’t like it one little bit. There’s nothing they can do about it though. The cause of the demise of the USA is complex and far reaching and includes the actions and sentiment of a whole lot of people in the world who simply detest the USA and the hegemony it has practiced over the years. There’s also a whole lot of people whop hate the USA for other reasons, many of whom hate as well and for similar reasons, and those are the people that we must be on our guard against but that’s a related issue. As for the USA and its pronouncements about how awful the EU is, that’s mostly rhetoric, misinformation, propaganda, spin, and a whole lot more besides. Propaganda, spin and misinformation broadcast in an attempt to badmouth what is , if not actually one of the causes of their demise, at least a thing that is aiding it. Why? Simple. in the hope of creating internal conflict within the EU and so weakening its perceived position by others in the hope that the influence of the EU will be lessened as a result. Don't be taken in. . __________________ I am an old man. I have eaten much salt.