for america,england,france,italy,ireland,portugal,greece and of...

  1. 2,047 Posts.
    for america,england,france,italy,ireland,portugal,greece and of course spain. and these are just the big nations.
    in americas case over the next 10 years we will be watching the demise of the greatest nation in recent history. just like for rome and greece many years ago. rome would be the classic historical example. the demise of an empire doesnt happen overnight but it takes years, as in romes case.
    europe and england will face complete bankruptcy and will be forced into a socialist union of some kind. america will probably face anarchy, dont forget their all armed to the teeth.
    why do i think these things. those in the know realise that the debt burdens of all of the above nations are unsustainable. people dont realise that nations like spain which crashed on a housing bubble, which still has another 40% to fall yet,so ive heard,are also in massive trouble.
    the imf is also in debt. who too,beats me.
    the main reason is that the west just gets sillier everyday. twice on cnbc tv in recent days ive heard speakers say that the s&p downgrade threat stated that it may occur in 2 years time. but thats not what s&p said. they said within the next two years,meaning it could happen at any time, not in 2 years. simple major blunders like this not being picked up on by anyone.
    im sitting here watching madrid play barcelona. they keep falling over and pretending someone has punched them in the face. the replays show they werent touched. the coaches are fighting on the sideline. spain with 20% unemployment, 50% of 18-25 year olds. why, there just plain silly now thats why. italy,with a pm who is known as a party animal, according to wiki leaks, who likes young girls. yet silly italians keep voting for him.
    america is just now considering cutting back on its military spending.its a nation in denial who refuse to face there problems. be warned here,america has been trying to save itself by investing in its own stock market.especially american pension funds whose reporting season is due in a few weeks.could be trouble here according to meredith whitney.
    the above disasters may take 20 to 30 years if we are lucky. these nations may bounce along the bottom for awhile. but there are definitely no more booms in the western nations. too much emphasis on sports,the theatre,play etc, just like in ancient rome and greece.
    my field of expertise is modern history.
 
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