De-Americanisation of the world has begun

Here is a must-read essay about our future in the GlobalEurope Anticipation Bulletin:

http://www.leap2020.eu/GEAB-N-78-is-available-The-de-Americanisation-of-the-world-has-begun-emergence-of-solutions-for-a-multipolar-world-by_a14827.html

Read it and weep for what we once were.

Note well that the final graph in the essay demonstrates that the US government now owns two thirds of its own debt. There is NO way in the current economic climate that revenues can be found which could pay this debt down. Corporations, which own most of the "US" capital, have been allowed to leave the country, export their resources without tax or penalty, and sell goods and services back into the US with little or no tax burden. What moron designed THAT paradigm?

Please also read the article referenced in footnote 11 of the essay, which maintains that US banks are no longer "too big to fail":

http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/10374998/US-banks-no-longer-too-big-to-fail-says-Tucker.html

In case you haven't figured it out yet, a giant crash is coming and the Federal (sic) Reserve Bank and the FDIC aren't going to bail out anyone this time. And just where the hell are Chris Dodd and Barney Frank? Haul their asses back to DC to explain why they didn't fix a damn thing before they disappeared. 

Can you spell "game over"? It's not far off, and as the recent debt ceiling debacle demonstrated, neither President nor Congress has any useful ideas which could rescue us.