Sunday, March 28, 2010

The decline of the west and rise of the east

David Murrin on CNBC Europe discusses the probable rapid decline of the American Empire as we know it and the rise of Eastern powers filling the vaccuum.

6 Comments:

At 3/28/2010 5:29 PM, Anonymous Anonymous said...

Wow, does she realize we will have to hitch a ride to space very soon and the current Goverment does not care what the American people want.

 
At 3/28/2010 6:57 PM, Blogger BxCapricorn said...

If you didn't watch Zach Karabell's interview on BookTV this weekend, because you were busing hoping the Tea Party would solve things, I highly suggest find it.

http://www.booktv.org/Program/11286/Superfusion+How+China+and+America+Became+One+Economy+and+Why+the+Worlds+Prosperity+Depends+on+It.aspx

I'm looking, but it may be too soon for it to appear on You-Tube, etc. What I like about Zach is that he doesn't take a politicized side. He just says, China and the US are an arranged marriage that neither likes, but neither can end.

 
At 3/28/2010 6:59 PM, Blogger BxCapricorn said...

Yeah, I used "busing" vice "busy". I type very fast. I did find an excerpt of the interview, here...

http://markschinablog.blogspot.com/2009/10/superfusion-by-zachary-karabell.html

Hope everyone is well.

 
At 3/31/2010 4:07 AM, Blogger Willy2 said...

Yes, the West is ""Toast"" but don't forget China is ""bubble"" as well.

Read this article and watch the video mentioned below. It's a long video in duration but it's worth every minute.
Weblink

 
At 3/31/2010 4:35 AM, Blogger Willy2 said...

Oops, wrong link. This is the right one. Weblink

Mike ""Mish"" Shedlock has made a convincing case why China is not what it's cracked up to be. He posted a number of links in the last six months which, put together, show China has a credit bubble as well.

 
At 4/02/2010 12:19 PM, Blogger BxCapricorn said...

If you saw those Floridian strawberry farmers destroying their crop, and noted Mosaic's poor quarterly performance, you know that corn and soybean bumper crops are soon to follow. Guess the inflationary EOTW scenario just isn't playing out as expected. Plenty of food, so much so that it doesn't pay to harvest much of it, or fertilize for more yield, when oil prices are this high. I predict oil starts to top out here.

 

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