tag:blogger.com,1999:blog-5680771968888528726.post1124136278384217782..comments2023-11-05T00:38:56.097-07:00Comments on 21st Century British Nationalism: US spends its way out of the Second Great DepressionDefender of Libertyhttp://www.blogger.com/profile/16093052197059748663noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5680771968888528726.post-43319478612330528792010-06-15T16:40:08.825-07:002010-06-15T16:40:08.825-07:00It's built on sand. The US is in worse shape t...It's built on sand. The US is in worse shape than we are but they can get away with it because the Chinese hold so many dollar assets and if they dumped them all at once they'd lose billions as the value slumped.<br /><br />So they're dumping them slowly.<br /><br />Like us the US economy won't collapse completely. It's like a wedding cake with multiple levels that's out in the sun. The top level has melted already and soon the next level down is going to go.<br /><br />They won't be borrowing anything after it happens and it'll be like an economic tsunami for us too.<br /><br />Apart from that yes. International banking is a virus.<br /><br />A nationalist constitution should stipulate a domestic-only retail banking sector with a Glass-Steagal type financial wall round it and a national investment bank as the gatehouse guarding the only way in. International banks existing outside the wall or not at all.Wandrinnoreply@blogger.comtag:blogger.com,1999:blog-5680771968888528726.post-26179116139199466942010-06-14T06:35:10.978-07:002010-06-14T06:35:10.978-07:00Western European peoples are far too trusting, our...Western European peoples are far too trusting, our monetaryy system is a complete scam, it's very easy to understand this, it's not exactly quantum chromodynamics but try explaining it to any member of my family and they just don't get it.Adrian Peirsonnoreply@blogger.com