Midknight Review -- new and revised: Have you noticed all the negative, doomsday talk about the fiscal future of the US? Well, maybe this is more than mere hyperbole.

Chart posted on Google but maybe a Blaze production

Over the past several years, I have ignored the doomsday talk about our economy. But, maybe, just maybe, the world is getting ready for a very bad time.

You know that the EU is hardly at its strongest, financially.

What you might not know is that China has been dumping his massive gold reserves, for at least the past eight months, and, yesterday, (Monday the 10th), that country decided to devalue its currency. More than this, the Chinese stock market has been on a downward trend that is borderline "drastic," depending on who you believe about the Chinese economy. I am not enough of a fiscal wank to know this means, but I do know it does not should good and our stock market has been on a downward trends for the past couple of weeks. Are these realities related? Maybe you and I need to pay attention.

Understand that the US owes China 1.3 trillion dollars. A serious downturn may convince China to increase its interest rates to the U.S. debt. It is a fact that we, the United States, are so far over the top when it comes to spending, that an increase in interest rates from China and Japan (which holds another trillion dollars of our debt) would cause massive problems in terms of domestic spending.

In view of the fact that we are only a tic away from being in a demonstrable recession (our 7 year GDP average is only 2%), again, what happens in Asia, is of serious concern.

Plan your future accordingly.

The Stated Nonsense from the Left now includes these Progressive goals:

July 2, 2008, Obama had this to say: "We cannot continue to rely only on our military in order to achieve the national security objectives that we've set. We've got to have a civilian national security force that's just as powerful, just as strong, just as well-funded."

MICHELLE OBAMA: "Barack knows that we are going to have to make sacrifices; we are going to have to change our conversation; we're going to have to change our traditions, our history; we're going to have to move into a different place as a nation."

“ . . . . . . they have become a generation of activists possessed with that most American of ideas – that people who love their country can change it.” -- Obama the Radical

On September 30, Van Jones told MSNBC "I think everybody should hold onto your seats. October is going to be the turning point when it comes to the progressive fight back."

Midknight Review -- new and revised

Have you noticed all the negative, doomsday talk about the fiscal future of the US? Well, maybe this is more than mere hyperbole.

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