nadinbrzezinski
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Dec-15-10 10:35 PM
Original message |
|
I have said that I foresaw the end of Empire at a fifty- fifty if all went exactly right this coming year. Collapses are that "sudden" to those not paying attention.
Well the ratings decrease for our debt, first the threat by Moodys and now fer real by a Chinese Rating Agency, raises this to over 50%, it is now in the mid 50%s.
Realize this is just slightly better than average.
But pay attention to trends... they are indeed accelerating.
Oh and indeed when it comes it will be sudden, even to THIS observer, who expects it.
|