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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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the point
I believe that the United States is engaged in a war (a nonconventional one all be it) that this war may become WW3. The United States is by no means assured victory, that defeat means a decline in Western Civilization at the very least if not an outright collaspe of Western Societies. I also believe this is a closer run thing than we the populace is led to believe by the media and the government.
I believe that that the monetary system and thusly the whole Global financial system is based upon abstract monetary principles of productivity, goods and services produced rather than a hard asset such as Gold. There is not enough money in print to pay off the outstanding value of financial assets in the world. The Liquidity of such assets is the lynch pin in making such a system work. This is the true Genius of United States based capatalism. It is also it's vunerability, if you shake the confidence of the people holding those assets and there is a demand for at first currency then hard assets the whole Global economy can come down.
I don't think that Bin Laden and Muslim fundlementalists knew how badly he could shake the economies of the West...but now he does and has stated he is "going to attack the joints of western capitalism" in futher attacks.
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"Some Observer"
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