The same banking strangle hold that grips so many developing nations in my eyes is very similar to the debt that the US has. We in the US have an attitude that it can’t happen to us but I think it has already.

If I was a bank then the US would be the mother of all golden eggs. I suspect that the US is being siphoned dry by the very same methods that are used on countries like Argentina.

Combine that with a growing ongoing silent tension in the population which eventually is going to erupt into an “unforeseen” outburst onto the streets.

The possibility that something will break is high in my eyes.

Bushit and Co. have foreseen this and that is why they have recently pulled troops out of Iraq and brought them home. These troops are seasoned at dealing with a hostile civilian population in Iraq. They are also suffering from all kinds of chemical and psychological stress.

Things could get tense.

Below is a great outline of what happened in Argentina.

Tags: argentina, US Debt

This entry was posted on Tuesday, October 14th, 2008 at 2:19 pm and is filed under Business. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.