The Wounded Eagle: The Twilight of a System

goldengull3 said:Please, let's not fall back on the myth of "precious water" again. Everyone needs it daily, but most of the world has access to it, and there's simply no business case for hauling it all the way across the Pacific.

China buys US Treasuries because they need a place to park the cash from selling us their goods. Without that cycle, China's GDP growth hits a wall. Furthermore, if America stopped buying their products, we'd see factories shuttering across China, which would trigger the kind of internal social unrest they fear most.

well, that's exactly what I was getting at, so I'm not sure why you're correcting me?... they're basically forced to keep buying up bonds—or toilet paper, for all I care—just to keep that surplus alive...
..since the dollar is the main way global trade actually happens, the Chinese end up sitting on massive piles of cash they have to find a way to use somewhere...

As far as the water thing goes, there's no point hauling water from the US to China right now, but eventually... they'll probably just seize local water sources, bottle it up, and sell it back to Americans... talk about a sweet deal...

And I never said bonds were backed by water... maybe it's gold or something else entirely... who knows, but water is definitely going to be one of the big money-makers down the road...

When will these superpowers finally stop clashing? It makes you wonder what kind of fallout we might face here in the States...

wearytrucker22 said:The Chinese have already signaled that if their savings become too vulnerable, they will move to annex Taiwan and, in a direct countermove, nationalize private American investments held in China.

🤣 yeah, that’s a distinct possibility... we could end up seeing some real fireworks over Shanghai and Beijing at that point.

But honestly, even that seems unlikely because the issue isn't really about whether they owe the money, it's more about what that debt is actually worth.

Harold Martin10 said:Is getting wiped out really better than what we have now? Care to explain the logic there?

If that kind of lifestyle is what you're actually looking for, why not just unplug from the internet, buy some farmland, raise some pigs, cows, and sheep, and live off the land?

Man, seriously, the reason it feels this way is because the current monetary system is totally rigged—it's unfair, immoral, and broken right down to its core. It basically forces people into debt slavery while charging interest on nothing but thin air.

It all traces back to 1913, when Woodrow Wilson was essentially misled into approving the creation of the Federal Reserve. After he realized what happened, he actually said:

"I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. The growth of the nation, therefore, and all our activities are in the hands of a few men. No longer a government by free opinion...but a government by the opinion and duress of a small group of dominant men."

That’s where all our modern headaches come from—the bubbles bursting and the constant crises. In nature, when a system isn't working and shows how inefficient it is, it either evolves or it dies out. This whole monetary setup has been struggling to evolve since 1907. Personally, I'm all for ending this misery, even if it means our generation takes the hit, just to make sure things are better for the kids coming after us.

nimbleowl10 said:Man, seriously, the reason it feels this way is because the current monetary system is totally rigged—it's unfair, immoral, and broken right down to its core. It basically forces people into debt slavery while charging interest on nothing but thin air.

It all traces back to 1913, when Woodrow Wilson was essentially misled into approving the creation of the Federal Reserve. After he realized what happened, he actually said:

"I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. The growth of the nation, therefore, and all our activities are in the hands of a few men. No longer a government by free opinion...but a government by the opinion and duress of a small group of dominant men."

That’s where all our modern headaches come from—the bubbles bursting and the constant crises. In nature, when a system isn't working and shows how inefficient it is, it either evolves or it dies out. This whole monetary setup has been struggling to evolve since 1907. Personally, I'm all for ending this misery, even if it means our generation takes the hit, just to make sure things are better for the kids coming after us.

IMHO, you're being a bit naive. In the real world, whenever these kinds of broken systems have collapsed suddenly, they were usually just replaced by even worse ones.

The system is definitely unjust, but we can only change it for the better if we shift our collective consciousness regarding what "better" actually looks like. If we manage that, maybe there wouldn't even need to be a collapse—the transition could happen relatively smoothly.

The Federal Reserve actually managed to catch me off guard. Just check out this clip from a major news network—one that usually goes all in supporting the right wing and those billionaire elites.

http://www.youtube.com/watch?NR=1&v=S9tNVxm1y84