AZspot AZspot

blue bits. red rocks.
Monday 15 June 2009

This week marks the end of the dollar’s reign as the world’s reserve currency. It marks the start of a terrible period of economic and political decline in the United States. And it signals the last gasp of the American imperium. That’s over. It is not coming back. And what is to come will be very, very painful. Barack Obama, and the criminal class on Wall Street, aided by a corporate media that continues to peddle fatuous gossip and trash talk as news while we endure the greatest economic crisis in our history, may have fooled us, but the rest of the world knows we are bankrupt. And these nations are damned if they are going to continue to prop up an inflated dollar and sustain the massive federal budget deficits, swollen to over $2 trillion, which fund America’s imperial expansion in Eurasia and our system of casino capitalism. They have us by the throat. They are about to squeeze. Chris Hedges

16 notes

  1. morningbell reblogged this from iisabelle
  2. iisabelle reblogged this from jhnbrssndn
  3. maygen reblogged this from azspot
  4. respondr reblogged this from jhnbrssndn
  5. terryblakey reblogged this from jhnbrssndn
  6. jhnbrssndn reblogged this from azspot
  7. azspot posted this

A GNT creation ©2007–2012