VOTE FOR "TURN THE TIDE" POST 111

Hi,

This blogger is not happy to be tackling an economics problem that is beyond most bankers and financial analysts AND CERTAINLY ME. THE PROBLEM IS THAT it needs to be discussed and with the help of research perhaps some insight can be achieved.

In 2009 the United States' external debt AS A PERCENT OF THE GDP stood at 99.46% and in 2011, it stood at 101.1% which is a significant increase. IF YOU FOLLOW THAT IN DOLLARS the 101.1% represents $14.83 trillion SMACKERS. Possibly a stack of bills in rows of ten to Mars and back or more. That figure in 2010 (sorry the 2009 dollar figure was illusive-we weren't as worried then!!!!!!!) was $14.66 Trillion which doesn't sound that different except we are TALKING TRILLIONS HERE SO THAT AMOUNTS TO $170 BILLION AND THAT'S A BUNCH!!!!!!!!!!!

NOT AS MANY FIGURES COMING DOWN THE WEB PIKE IN 2012. UH OH!!!!!!!!! GERMANY, one of Europes' strong economies had a 185.1% ratio or $5.44 Trillion in 2011 but of late is yelling foul to the Euro nations. Germany sacrificed to join the euro union and make it successful. Looks like the untion has successfully put Germany on the brink as well!!!!!!!

Now, let's try some comparisons. Greece which has been rapidly going down the tube financially was at 161.l% in 2009 and went to 182.2% in 2010 and shortly thereafter went into DESPERATION MODE.

SPAIN AND ITALY MEANWHILE WITH percentages of 2009 percentages respectively of 171.7 and 126.7 got a respite with help from banking neighbors. Spain's average HOWEVER in 2010 climbed to 179.4% or 1.37 Trillion SPANISH MACKREL AND NOW THEY ARE YELLING FOR HELP TO TAKE OUT THE HOOK!!!!!!!!!!! I DIDN'T SEEK THE CURRENT FIGURES because for our discussion, it's enough to know they are in DEEP DO DO!

THESE FIGURES MEAN LITTLE TO THE AVERAGE JOE/JANE for a number of reasons. We are dealing with DIFFERENT SIZE economies, DIFFERENT types of CURRANCY and DIFFERENT NUMBERS OF PEOPLE AND THOSE DIFFERENCES boggle the mind. Asia's figures are even higher than Europe's debt balances. I refer you to the Web and the various financial breakdowns you can find there.

So, how do we find a REALITY AMONG ALL THE NUMBERS THROWN AT US. HATE TO SAY THIS BUT WE CAN'T!!!!!!!!!!! First in the list TO FIND REALITY is to START WITH REALITY. THERE IS NONE HERE!!!!!!!!!! This is paper debt based on the quote and unquote PROGRESSIVE THINKING. THERE IS NO BASIS IN REALITY.(*** NONE, NOT, NADA***) THESE NUMBERS STARTS WITH THEORY, ADD CONJECTURE, AND END WITH FAILURE!!!!!

No, America is not to blame. We don't set the policies for foreign governments. They do that. If blame goes to anyone BLAME WORLD SOCIALISTS who HAVE INTERFERED ALL OVER THE GLOBE AND PLAYED ON THE MONEY FIELD AND STRUCK OUT!!!!!!!!!! BUT AS WE HAVE ALL LEARNED SOCIALISTS NEVER 'FAIL'--THEY JUST BLAME SOMEONE ELSE!!!!!!!!!!!

WHERE DOES THAT LEAVE US?????????? BASICALLY UP THE CREEK WITHOUT A PADDLE??????? What does Rich mean??????????NOTHING. What does Poor mean????????? EVERYTHING. This overload of debt caused by Socialist tinkering in Europe, Asia, and America is like a TIDAL WAVE THAT IS WAITING TO SOONER OR LATER ROLL OVER the nations of the world, leaving behind RUINED SYSTEMS, GOVERNMENTS AND ECONOMIES. IT IS CURRENTLY AIMED AT ASIA AND EUROPE BUT THE FALL-OUT IN AMERICA IS AS YET UNCERTAIN.

THE ONLY TRUE ECONOMY WILL BE THE HARD CURRENCIES OF GOLD, SILVER, METALS ETC. AND THEY WILL BE SCARCE. It's not the kind of news you want to hear or the kind THIS BLOGGER WANTS TO GIVE. IS THERE HOPE??????? THERE'S ALWAYS HOPE EVEN AS ONE DROWNS ONE HOPES TO COME UP ONE MORE TIME!!!!!!!!!!! But when even George Soros, the leading Communist MANIPULATOR who directs these FINANCIAL FANTASIES (find his "failure is in the making speech" remarks at the festival of economics Trento, Italy on the web) ADMITS (but NOT HIS PART in it, of course)that there is a BIG FALLOUT AHEAD, this blogger thinks it's time to at least attempt to turn AMERICA'S TIDE.

WE DEPERATELY NEED SOMEONE IN THE EXECUTIVE OFFICE WHO DEEPLY UNDERSTANDS THE PROBLEMS FACING AMERICA so that the veto power is not a RIFLE waiting to be SHOT!!!!!!!! WE DESPERATELY NEED A CONGRESS THAT UTILIZES ALL OF THE RULES OF ECONOMIC SAFETY UNDER ITS POWER. THE U.S. NEEDS TO BUY???? MORE GOLD OR MINE??? IT!!!!!!!DITTO SILVER!!!!!!It needs TO REDUCE THE DEBT AS FAST OR FASTER THAN IT IS GROWING.

There are programs all over the United States that can be cut. Yes, it will hurt but not as much as the kind of poverty we could have on the horizon for millions of people.

SURE, THERE WILL BE PEOPLE WHO WILL MAKE GAINS ON THE BACKS OF THE PEOPLE WHO SUFFER. THERE ALWAYS ARE IN ANY CRISIS OR HARD TIMES (THIS BLOGGER BETS GEORGE SOROS ALREADY HAS HIS BID IN TO MAKE MONEY ON THE FINISH) BUT AMERICA STILL HAS A CHANCE OF TURNING THE TSUNAMI AWAY FROM ITS SHORES BY ELECTING THE WISE, THE PRUDENT, AND THE STRONG TO CONGRESS AND THE EXECUTIVE OFFICE!!!!!!!!

TURN THE TIDE IS THE KEY. CHANGE FINANCIAL ADVISORS IS THE ANSWER TO OUR NEEDS!!!!!!!!!!

CHEERS, CONNIE