Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
There will be no collapse. The Chinese and Japanese will keep pumping money in so as no to lose their biggest market. The French will send in enormous food care packages which will result in all Americans devouring themselves on cheese and pate. The French will then say "we're even" ;-)

Hey, Grandma Moses started late!
by LEP on Sun Mar 23rd, 2008 at 12:00:19 PM EST
You mean the US will become cheese-eating surrender monkeys....?

"The future is already here -- it's just not very evenly distributed" William Gibson
by ChrisCook (cojockathotmaildotcom) on Sun Mar 23rd, 2008 at 12:13:41 PM EST
[ Parent ]
I've been looking for someone to surrender to, sort of like Peter Sellers in The Mouse That Roared.  I don't think here will be financial collapse, though I do think it will be a pretty severe buckling.  There are huge strengths to the US economy, and there are lots of resources here waiting to get tapped into, of course some folks won't be very happy about the resource redistribution.  I don't think it will come real soon, I expect Obama to get elected and quickly overwhelmed by the disasters lurking-If he learns to fight we might get a Roosevelt style bailout of the capitalists which leaves them in general power with some lesser amount of looting-If he doesn't learn to fight quickly enough, the bosses will run it into the ground and then we might get a financial collpse in a couple of years.

"I said, 'Wait a minute, Chester, You know I'm a peaceful man...'" Robbie Robertson
by NearlyNormal on Mon Mar 24th, 2008 at 04:17:31 PM EST
[ Parent ]


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