This country became bankrupt two years ago when US could no longer sell enough treasuries to finance debt. All the time since then is bough with fake trillions created out of thin air by Fed. Fed buys US debt, Fed gives trillions left and right to banks foreign and domestic, to large corporations, bailed out Euro twice so far. Tens of trillions of new money created in just last two years.

It, somehow, worked so far but they act like they can do that forever.

Right now the end game is coming to an end. US and British Empire are gambling on insanity. Massive war that is about to begin should create chaos in large part of the world and US/British Empire should come out of it as the only winners and stable alternative to chaos.

Will it work? Highly unlikely.

Destabilize everybody is the name of the game. US NGOs hire rent-a-mobs to destabilize many countries. US owned IMF chief is running all over the IMF financed countries demanding end of all food and fuel subsidies, which in turn creates more unrest. Libya was not owned by IMF so it had to be dealt with in openly military way.  

“Tonkin bay” in Persian Gulf is will be the beginning. War with Iran and Syria started already but it is semi-covert right now. Everything possible and impossible is done to provoke Iran. Make them do the “first move”.

Thousands of US troops are arriving in Israel. Carriers are in the area, Stennis left Gulf, everything is just about ready to go.

Turkey based “New Syrian Army” (hired mercenaries who did the work in Libya) are attacking Syria. Iranian airspace is constantly violated, nuclear scientists assassinated, sabotage explosions everywhere….

War is smoldering but it will blow up soon. No need for Nubiru, Mayans and all the rest of similar gibberish.

  Re-birth of Persian Empire.

http://www.msnbc.msn.com/id/44990594…east_n_africa/

Once US troops leave we may as well make it official.

Iran already controls Southern Iraq and central government of Iraq. It already controls Syria and most of the Lebanon.

http://www.jeff-goodall.com/?p=4351

http://warsclerotic.wordpress.com/20…lebanese-peak/

Trillions of USDs wasted and thousands of lives in Iraq and for what exactly?

US military commanders and even some politicians surely understand what is happening. The only way to prevent it is to strike Iran in very serious way and do so before end of the year. I hear a lot of rumors that it will happen and I hear a lot of new high level accusations against Iran. New reports that Iran is building a bomb and plotting assassinations of foreign ambassadors on US soil, It does not matter how valid those threats maybe one will be used in the same role WMDs were used to start war with Iraq,

Iran in not Iraq though. They can strike back in major ways Iraq never could. Hundreds of Hizballa sleeper cells are now pre-positioned in every major US city ready to strike. Most of them are probably well trained, well organized and supplied. They can do more damage then many 9.11 combined never could.

Two men fell off the 100 story building.

Flying pass fiftieth story one is screaming at another: Idiot! You told me we are going to die if we fall off the building! Doomsdayer! See, WE ARE FINE!

Keep screaming if it makes you feel better. Keep laughing. When you get to that sudden stop at the end you will realize that you have been laughing at yourself all this time.

Financially US fell off the cliff of bankruptcy about two years ago. It was a point at which US could no longer sell enough debts to finance deficit. Any other country would have to declare bankruptcy but US started buying our own debt with money imagined into existence by trillions, tens of trillions. Many, including me are surprised that one can buy that much time with that much money which is that fake.

It does not really solve anything. Just buys more time to reach terminal velocity, makes inevitable end just even more painful.

Somebody considering himself smart enough to call others ”idiots” surely knows that financial state of the country becomes unsustainable and collapse of it inevitable when debt goes over 100% of GDP.

OK. What is the GDP of this country? 14-some trillions. (GDP includes Government spending half of which is fake money from Fed). Real GDP can be around 10 trillions.

Now. What is US debt now days?

http://usdebtclock.org/

Party on! People dancing and drinking free champagne on upper deck of Titanic are making fun of people getting into lifeboats…. Nothing new under the Sun.

We are running out of time.

Financially this nation went bankrupt two years ago. US could not sell enough debt to finance deficit. “Printing”, creating money out of thin air ever since and buying our own debt.

Now that game is coming to an end. Even if “debt limit” is raised who is going to buy it? I can hear somebody saying “Chinese”…. Somebody living is in the deep cave for a while!

Chinese bough close to a trillion of US debt in a decade or so and dumped a lot of it in the last year. US Treasury keeps re-classifying British owned treasuries as Chinese owned ones in an attempt top cover it up. Will Chinese buy about two trillions of US debt in ONE year? You want to hear mister Hu laugh? Say that again!

So, back to Federal Reserve (which is neither Federal nor Reserve).

They will create another trillion or two and buy US debt with it. Last year they created between five and twelve trillions depending on who is counting. Some went to US, some to foreigners, some to off the books bailouts.

Now it is The Race. Race between USD and Euro. Race to the bottom. Europeans are doing more or less same thing with Euro. Which one will hit the hard pavement of reality first? Flip the coin. Euro or US quarter. Heads or tails… they will land within few days of each other.

Then what? Biggest mess of human history. Bloodbath and chaos likeness of which never seen before. I could make some predictions there but you will call me a nutcase…. Oh, wait, you already did.

As of today US Government is OUT OF MONEY. The rob retirements funds for few weeks and then what? By first week of August even that source of money will run dry.

Politicians will whine and cry, pound their chests and grandstand for couple of weeks but they will pass new “debt limit” OK… now who is going to buy all that new debt. Not China. They are selling US debt while they can.

http://finance.yahoo.com/news/China-cuts-holdings-of-US-apf-2797288222.html?x=0&.v=3

New “debt limit” can only trigger new wave of fake money from Fed. QE3 or whatever they will call it this time. After QE2 whole world was screaming “bloody murder” I do not see how QE3 can re rammed down she throats of the whole world. Fed can buy all US debt they want but issuing couple more trillions of “reserve currency” for that may not be accepted by holders of this “reserve currency” all throughout the world. 80% of US$ is in hands of foreigners and Federal Reserve cannot order them to keep holding them and forcing then to believe in the unchanging value of it.

I see connection with arrest of IMF head on sodomizing/rape charges in New York. People of his caliber get away with this kind of conduct all the time. What changed this time? Did he tell US bankers that he will start full issuance of SDRs? That would be last blow to US$. So, before he could leave US he got arrested. Maybe, just maybe as long as he is in US jail QE3 can still continue?

http://news.yahoo.com/s/ap/20110516/ap_on_re_us/us_imf_head_assault_1

What is going to happen after announcement of QE3? Can anybody make a rational guess not based on “we are the greatest forever” brouhaha slogan but on realistic examination of current and historic events.

QE3 is coming. That is a given. Without it US becomes officially insolvent within two month. Timothy Geitner already said that in his letters to Congress. Congress may put up a token of a fight but mostly just to hear themselves whine and make themselves feel important – they well raise “debt limit”.

Then what? Federal Reserve creates $1.5-2 trillions to buy 1.6 trillion US deficit and what happens after that announcement?

1. US$ crashes within days. The rest of the world declares SDR or some other currency as a “reserve currency”.

2. Nothing happens. The rest of the world happily accepts new huge pile of “reserve currency” and life goes on as always.

3. Prices of commodities shoot up even more then they already did. Food riots all over the world intensify followed by fuel riots and shortages of other key commodities.

4. US comes to grips with reality (should I add pig fly to this one?). Half of US budget is cut. Most of 800-900 US bases all over the world closed, most of  US military becomes unemployed along with at least 50% of the population. No Medicare, Medicaid, Social Security, welfare…Start over! US begins to re-make itself while in massive depression compared to which Great Depression was a good time.

5. Any other ideas?

This is how they are going to kill us. Cull us off to be more exact.

The day of collapse is coming soon. Probably sometime this year. All major events seem to be pointing to that.

After complete crash of US$ which is inevitable financial system will not function at all. Most countries whose monetary systems collapsed in recent history switched to use of US$ for most major commerce. What will US switch to? Euro is on the verge of it’s own demise. Yen and Pound are in horrible shape too and they are not big enough anyway.

Without functional monetary system all commerce and economy in general will grind to a halt. Some kind of replacement currency will be offered in the hurry but it will crash so fast that nobody will remember the name of it in just few months.

In the mean time:

No GM seed. 90% of some staple crops are grown from genetically modified seed that has to be purchased every planting season. Imagine what will happen. Most food that is now common, cheap and plentiful will become non-existent. Feed for animals will disappear, no meat, milk, poultry…..

They tried to do the same with potato, another important staple crop. It did not work but it does not mean that we will have taters when everything else is gone. It too will be wiped out of existence. Mostly by blight. Just about all commercial potatoes are diseased right now. Take a store potato from any store, plant it and watch black, dying plant come up. The only reason why we are still enjoying plentiful and cheap potatoes now is thanks to massive doses of fungicide those potatoes are sprayed with. Once fungicide becomes unavailable due to a monetary system crash we will have no potatoes at all.

There are some blight resistant potatoes developed in some European countries but they are not available in US. One blight resistant potato variety was developed in Cornell (I believe) but it was never approved for use by farmers.

From plentiful food supplies of today we will go into all out famine of Biblical proportions within just couple of month. Amount of stored food has been shrinking in US lately. I seem to remember an article or two about amount of stored grains being down to just few weeks worth of demand.

So, they, the elites will sit back and watch while most of the people are starving and killing each other for little food. Survivors will be offered prosperity back if they will accept the only possible solution: New World Order and World currency. After all the chaos overwhelming majority of people will readily accept it.