I was drinking my morning cup of coffee here in Moscow, Russia. I was thinking about America and this new Western Press saying: “Greens Shoots!” (The saying now associated with the recession ending in America.)
I came across this very good video about an interview between Russia Today and Naomi Klein from Canada who is an award-winning journalist, syndicated columnist, and international bestselling author….
I watched this several times and I really can not say that I disagree with very much of what she says. This lady has a solid look at the American fallacies being played with capitalism and what direction America is headed toward with these fallacies.
Russia Today has been doing a thorough job getting a rounded view point out with well known intellects that are willing to express what they see. These are people who have been correct more than once and have been calling the score for years. It seems that these people are saying that America is drowning by her own doing.
These are also the same people that CNN, Time and other Western Press will not give the time of day too, people who will not talk about “Green Shoots”. (That should give you a hint right there, about right and wrong.)
Have you ever stopped to wonder what the rest of the world thinks about America and her “Green Shoots”?
America owes an insurmountable debt to the world. The world is now turning their back on America very slowly. China is working on a deal with Brazil (Latin America also) to trade in their currencies not Dollars. Countries all over the world are looking at a new way to do business with each other. Russia is working on getting oil and gas traded in Rubles. The US dollar is also no longer Russia’s basic reserve currency anymore, that has become the Euro. Rumors are that China is working their way to the same effect with Dollars. Russia and China are in the midst of some of the largest oil and gas deals that the world has ever seen or comprehended.
Japan who is tied strictly to the USA economy is crashing below a 50 year low, so Japan is going to have to look at other parts of the world to survive. Russia’s Prime Minister Putin just spent a week with Japan getting deals made and done from energy deals to an export and import deals for the future.
Every data figure that America gives out to the world is a laugh, the First report is always slightly better than expected (called green shoots), Second report is what was expected (called an adjustment), by the Third and final report it was worse than expected (called shhhhhhh), but by then everyone is worried about the next report.
My Grandma use to say: “Do not over fertilize those new “Green Shoots” growing, they will die!” This was said during the process of spreading the chicken manure on the gardens.
“America just announced to the whole world, The Budget from Hell:
From 2010 to 2019, Obama projects annual deficits totaling $7.1 trillion; that’s atop the $1.8 trillion deficit for 2009. By 2019, the ratio of publicly held federal debt to gross domestic product (GDP, or the economy) would reach 70 percent, up from 41 percent in 2008. That would be the highest since 1950 (80 percent). The Congressional Budget Office, using less optimistic economic forecasts, raises these estimates. The 2010-19 deficits would total $9.3 trillion; the debt-to-GDP ratio in 2019 would be 82 percent. But wait: Even these totals may be understated. By various estimates, Obama’s health plan might cost $1.2 trillion over a decade… (Read More from Robert J. Samuelson)”
So while you call me un-American and multiples of other names names for daring to question America and her motives. Just stop a minute and think first.
My Grandma always said: “Give someone enough rope and they will hang themselves!” (I think that could be applied to Nations also.)
If I can get just one person to think about what is happening in America, then I have made a difference. People in Russia and other parts of the world see what is happening…
Windows to Russia!
comments always welcome.
PS: Want something to think about? Have you seen the reports and pictures of millions of cars sitting at the coast line because they can not be sold. (Link)