Will America Become a Third World Country?
The recent secret meetings between China, Russia, Japan, France and the Arab countries are not so secret anymore. Having met secretly behind closed doors, several countries discussed the future diversifying of the U.S. dollar. Our Government denied that these meetings ever took place, but now have admitted that they in fact did occur. The meetings were held to discuss ending dollar dealings for oil and moving to other currencies as the world’s main source such as the euro, yen and the Chinese yuan. To put it simply: to bring an end to the U. S. dollar. The time frame? Nine years.
Water cooler talks about this happening has been going on for years and according to experts in the field, is the reason the price of gold has soared. It is not because America is hated or despised by these other countries, but simply boils down to the fact that they have done their homework and the math. With our current rate of debt and the continual compounding of more debt, along with talks of nationalizing health care, these countries know that there is no mathematical way that America can ever pay back its debt. It is mathematically impossible.
With China sitting on a $2 trillion dollar cash reserve and growing by $1 billion per day, they have now become the new “owners” of America. This is why President Bush attended the Olympic games and why President Obama met with Chinese leaders instead of other important issues: you have to meet with the “owner” of your country and do what they tell you to do in order to somehow maintain some kind of respect between world leaders. The amount of U.S. debt and the future outlook of the American economy is the primary reason Chicago was ousted in the first round for the site of the next Olympic games. It had nothing to do with Chicago’s record for crime or what other countries may like or dislike about President Obama . . . it all had to do with money. Looking at America and the devaluation of the U. S. Dollar, the Olympic Committee could see no massive influx of cash coming from America. They too, have done the math.
We are presently paying $500 million per day just to pay the interest on our loans. That will soon rise to $750 million per day and probably beyond. Along with the continual upkeep of such programs as Medicare, Medicaid and Social Security, the rest of the world can see, mathematically, that America can never come out of debt. If we continue with national health care, it will only seal the deal among these various countries. It is only a matter of time that the U. S. dollar will become worthless to the rest of the world and they are only in “business” to make money. When there is no more money to be made by investing in our dollar, then they will move to other currencies and wash away the USD. It’s only a matter of time . . . nine years to be exact.
When this happens, and it will . . . what will happen to America? Could the United States of America become a third world country? Before you laugh, it has happened to other flourishing countries. Remember Argentina? Argentina was a beautiful and powerful country. As they moved toward issues and programs as we are doing now and fell more and more into debt, they became a time bomb waiting to explode. All it took was for the country to miss one debt payment . . . just one . . . and they fell into a third world status, just like that.
The London Telegraph recently reported that the “UN wants new global currency to replace dollar.” Other countries see that America has reached the point of Argentina. Unemployment rate is being reported as 9.4%, but the actual rate is 17% when you figure in all the people who have stopped looking for work. Furthermore, the unemployment rate among several large cities in the U. S. is actually 25%. Other statements made by the current President is simply not being reported as well. One such statement is where he commented that now it seems it would be easier to maintain the jobs we already have, than it would be to create new ones. This is after, of course, the nearly $790 billion that was suppose to stimulate the economy and create jobs.
Another issue that nearly nobody is even aware of, is the fact that US Representative Barney Frank has quietly submitted a new housing bill, much like the one that led to the mortgage crunch, except this new bill would seek funding from even more institutes, companies and corporations . . . not just from banks. What does all of this mean? It means that all these other countries: China, France, Japan and the Arabic countries understand where America is headed . . . they have done the math.
Our Generals on the field of combat are pleading for more troops . . . his pleas are being ignored . . . no decisions are being made. The Iranian President, Mahmoud Ahmadinejad, stated that President Obama will regret his words from the G20 summit. President Bush left us with no border control and a bottomless-pit cesspool of a war zone. The beginning fall of the U. S. dollar actually goes back as far as the days of FDR. Currently, many of our leaders believe that the U. S. Constitution is unjust and their goal is to change what our founding fathers founded. The world sees this. China, Russia, Iran, Pakistan, Venezuela . . . they are all watching and listening.
As Alan Greenspan once said: “Whats bad for workers is good for investors.”
Other countries will not have to destroy America . . . we are doing it ourselves.
© 2009, AskTheTrucker. All rights reserved.
: America, arab countries, china, diversify, france, iran, russia, third world country, U.S. dollar, venezuela
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Except for the part about “A third world country”, no where does there exist a third world country…there is only one world…but your article is good. Very well said. I don’t often hear of very many Americans that truly understand what has been happening for a long long time. Unfortunately, I have to add, most of Americans’ have their head buried in some type of gadget, TV show, drug, Walmart or? I don’t get it, people don’t really truly realize where they are being led. It’s sad because most of America does not know how to live without. I’d like to add “Thank you drivers, because you love your job, the rest of the non driving population survives!
Thanks for the comment Erika, but yes there are many third world countries in this one world. “Third World” status is defined by several categories: Political Rights and Civil Liberties, Gross National Income, Human Development, Poverty and Press Freedom. The list of countries are too numerous to post here.
All this Globalism has made the rich man richer and the poor man poorer. I’d been saying this along time. I’ve watched it happen to my Dad during the 1970s and I watched it happen to me since. When it’s time for a raise, cheap labor gets imported by hook or by crook, laws be damned. Re-train yourself and your job and profession gets outsourced to some China , India or Brazil etc… It is High time to take a good hard look at who our representatives are actually working for. Follow the money.
I sat there after reading this and these were my thoughts:
Prediction for American troubling economy is in 9 years. 2018 When the rest of the world wants not much to do with the American dollar. which would reek havoc on our economy, and think the depressed economy now is bad….yeah. Nothings written in stone, but you can’t sway other foreign governments and leaders to forgive our nations debt that has been growing for many years.
What happens when American’s soldiers aren’t getting paid and their families are not getting food and care? They quit fighting??? some perhaps. enough to make Americas borders unstable? dunno… government steps up cause nobody has any money- leading to riots over food, shelter, water. What if shipping across America stops??? food shortage. Medical/pharmaceutical supplies shortage. Marshall law is declared, soldiers are only promised so much–so to encourage them to stay to the government the promise of food-protection for them or their families is made. now almost pitting them against their own-which turns more towards civil war all over again.
A big city is not where I want to be if that were to happen. Trash services are stopped cause nobody pays them. trash builds up in the street harboring bacteria and attracting wildlife and vermin to run around, spreading more germs and disease from the waste.
What about city water service and plumbing??? Poop plant shut down cause no one there to work it or money to upkeep it’s production? people start pooping/peeing all over the place.
Drug use and crime on the rise-people want to be able to feel good in a horrible situation drug/gangs try to have answers to quick fix peoples problems–increase in drug use and trafficking.
Call the national guard!!!–Nobody picks up the phone cause they’re looking after their families or trying to get food themselves. What about the reserves–after you already diminished the pot by sending them overseas! and their jobs in America go down the drain. HA!
What if we sell off parts of America to other countries?–Depending on who has the biggest debt and who wants to pay that debt back to get parts of America. How do Americans feel about that? Are you able to travel to another state if you don’t like the country that bought part of the territory you live in currently? How do you get a new visa/passport to travel?
Where does your nationality go?
If you hug someone it’s easier to stab them in the back.
So who are we hugging as a country? China? who do we owe money to? That’s who we’ve been hugging economically. So do those people agree with American life-American dreams- American ways? We are so out of agreement with ourselves in this country, there is no more True American ways/dreams/ styles of life.
Why don’t they talk these thing out in the media,,have all the Americans sit down together via tv get out the American budget and say, “Look this is our big problem–lets put our thoughts together, be willing to help each other out economically even if that means no return on your money so to speak-your investing in saving your own arses as a country.”
Well, first you gotta know who owns the media, satellites, networks, and you have to agree to get everyone on the same page–no more “I’m better than you” crap.
In a Utopian society you’ve just solved your problem. However America has Utopian ideals without the ability to follow through with it’s ideas. Because of free will and that ever so irritating problem of sin and all the sub categories that are under that..
If this 2018 thing is headed our way, dang were all screwed except the ones that can afford to leave the country or have already been living without all the things needed to rely on a civilization for, like the farmers, mountaineers men, the survivalists. And I’m pretty sure they’re in the minority. My in-law parents have been saying it for a couple of years now- that they’re moving out of town getting their own crops and learning how to do it the old fashion way. They’re already workin on it. I’m not too far behind em.
Hi Matthew!
WOW! You have described a picture of what many truly believe will be a part of American history.
I thought about what you said as far as not wanting to live in a big city because of all the chaos that would occur, but after I thought about it some more, I realized something else.
Americans in general, pull together and are some of the most resourceful and eager to adapt to their own survival ( and help others survive) that I know.
Example: You talked about all the garbage that would start to pile up. I believe that neighborhoods would come together and eliminate their own waste and garbage.
I also believe that the citizens would take care of the Drug lords, if you know what I mean.
I myself am not sure ( how can anybody really be sure?) of what the outcome for the USA is going to be. I do know that we owe A LOT of money to foreign countries and the debt is getting greater with each passing day. I’m still trying to figure out why we are continuing to spend more and more for all these programs….getting us deeper and deeper into foreign debt.
I will say this, our dear friend Barry S. has a website for all who have even the slightest thought that we will eventually need to be self reliant. Barry believed in being self reliant even before all the thoughts of such chaos could possibly occur in the US. He just feels it’s a good way to be and can save folks money while being independent.
Here’s his site and I encourage all to take a peek and be impressed!!!
http://www.RelyOnYourself.com
Most of Americans are “out to lunch” living in their own little world, worrying about things that really don’t matter and judging others for their faults so they can feel good about themselves…whatever!
I just hope God has Mercy on this great country.
To start, I think we need to put “In God We Trust” back on our money
In the opening post Allen stated “It is not because America is hated or despised by these other countries”. I feel that this is an incorrect statement. America has long been both hated and despised by a Lot of these other countries.
It has been the US Dollar that has kept these countries at bay all these years.
I am sure that America has done some things wrong in its history, however, it has for sure been one of the most generous countries in history when it came time to help out these other countries.
Every time there has been a disaster, America has been one of the first to respond.
Sit back now my friends and see who is a friend of America!
We have, in general, became a nation that suffers from what I call the Spoiled Brat Syndrome. A lot of our people seem to have a sense of entitlement. Our sense of freedom and individualism seems to have gone away as life has gotten easier.
Americans have set back and allowed the Govmnt and to a large extent Unions to ruin our country by putting so much demand (Cradle to Grave care) on companies that they cannot operate here and survive. Unions are a good example that Americans allow things to be taken too far. In there original purpose, Unions were a good thing. Then the Union guys began to see where they could exploit the power of the Unions for their own gain. It has been a down hill ride ever since.
The same goes for many things in America, most especially the Govmnt. People used to elect people to offices who were successful business men in their own right and they knew they were going to have to come back home in a couple of years and face the people who sent them there.
Now they get elected and stay forever. Never returning to face the ones who sent them to office.
These politicians today live in a world so removed from our own that they do not even comprehend what is truly going on on “Main Street U.S.A.
Now for a real spark. The Bible talks of a one world govmnt coming to power. I used to read about that and wonder to myself what was going to happen to America, U.K.,etc. for this to take place. Now, I believe I can see what it will be.
These truly are sad days for me as an American. It is truly an interesting time to be alive but also for me, it is a scary and sad time as well.