Global debts among the USA, Europe, and Asia have grown too large to manage and/or pay-off. The only choice remaining is to delay and repudiate debts, and print more currencies and bonds moving toward massive defaults.

In the USA, trillions in older, toxic derivative paper has not been dealt with in the aftermath of TARP I. Global banks that were buried under this mess are running two sets of books and banking authorities know it.

Those banks were not stopped after the first credit implosion and have gone back for more of the same, making new derivatives problems even worse.  The stealing continues at levels twice what we saw in pre- 2007.

The elitists, primary large central bank operators, deliberately fomented these failures to crush their enemies and the USA society at large to install a one-world government and a one world currency.  It won’t work for two reasons: (1) the internet is too free and open for the exchange of information  (2) the soon-to-be-wrecked bond markets will destroy any remaining credit and value held by the perpetrator banks. (3) if force is used against consumers, and maybe even if its not, milions of armed Americans with about 500MM guns are ready to revolt.

We suspect the violent road, if indeed it ever happens, would be brief as the world and America turn to new paradigms in economics.  It’s like a big war; but what happens if no one shows up to fight?  In economics, what if the formerly, participating Sheeple refuse to participate rejecting and dropping-out of the system as we know it? The herd can be forced in some respects, but that force will only create violent backlash and further ruin the elitists’ plans.

The Super Committee was a child-like fantasy idealized by dumb politicians to fool the herd. We knew nothing would come of it and we know the mandatory cuts they’ve talked of never happen either. Do not expect any good decisions, or relief from any politician. They are determined to ruin America and plunder what they can personally, and corporately for backers-bankers before they’re voted out of office. That goes for both parties. Their objective is one currency and one government for all.  MORE>>>