America’s 10 worst years start right now - Paul B. Farrell

[valeriypi]

Paul B. Farrell
America’s 10 worst years start right now
Commentary: 2011-2020: Rich get richer, market crashes, empire ends

http://www.marketwatch.com/story/americ ... 2011-01-04

10 Doomsday Trends America Can't Survive
Commentary: We are past the point of no return, thanks to Super Rich

http://finance.yahoo.com/banking-budget ... et=&ccode=

"Doomsday Capitalism? Capitalism is killing America? Yes, that's the message in my tenth book. "Doomsday Capitalism, 10 Self-Destructive Trends." But you'll never see it in print. No one, even book publishers want to read this truth: Capitalism is destroying America.

Why? Super-Rich Capitalists get rich off these macro trends. They want happy talk. Back in 2007 Vanguard founder Jack Bogle called my warnings "prescient." But that didn't stop the meltdown. Next time financial historians warn of a bigger meltdown; a total collapse has been the destiny of every nation for eight centuries. This time, capitalism is the saboteur...."

[Medium-rare]

Аминь. Фу, кирдык то ись...

[valeriypi]

David Stockman: “Crony Capitalism” Has Killed the Free Market and Democracy

"I believe we no longer have free market capitalism and we no longer have a democracy," says David Stockman, the blunt-talking former Michigan Congressman and Director of the OMB during the Reagan administration...

http://finance.yahoo.com/blogs/daily-ti ... et=&ccode=

[valeriypi]

The "Age of America" is ending in just five years.

China will surpass the US as the world's largest economy soon -- sooner than most people expected, according to an IMF report.

That's according to forecasts from the International Monetary Fund, which has set 2016 as the year when China's economy officially surpasses that of America as the world's largest.

By Kim Peterson on Mon, Apr 25, 2011 2:36 PM

http://money.msn.com/top-stocks/post.as ... &GT1=33002

[tourist]

The article has a bold thesis, even more surprising given who the mysterious Mr. Y turns out to be.
It argues that the United States has embraced an entirely wrong set of priorities, particularly with regard to its federal budget. We have overreacted to Islamic extremism. We have pursued military solutions instead of political ones.
Y says we are underinvesting in the real sources of national power - our youth, our infrastructure and our economy. The United States sees the world through the lens of threats, while failing to understand that influence, competitiveness and innovation are the key to advancing American interests in the modern world.

http://www.wilsoncenter.org/events/docs ... rative.pdf

[tourist]

The article has a bold thesis, even more surprising given who the mysterious Mr. Y turns out to be.
It argues that the United States has embraced an entirely wrong set of priorities, particularly with regard to its federal budget. We have overreacted to Islamic extremism. We have pursued military solutions instead of political ones.
Y says we are underinvesting in the real sources of national power - our youth, our infrastructure and our economy. The United States sees the world through the lens of threats, while failing to understand that influence, competitiveness and innovation are the key to advancing American interests in the modern world.

http://www.wilsoncenter.org/events/docs ... rative.pdf

Mr. Y is actually two people, both top-ranking members of Admiral Mike Mullen's team, the Joint Chiefs of Staff. They are Captain Wayne Porter of the U.S. Navy and Colonel Mark Mykleby of the Marine Corps. It's likely that the essay had some official sanction, which means that the Chairman of the Joint Chiefs of Staff or perhaps even Secretary of Defense Robert Gates had seen it and did not stop its publication.
http://globalpublicsquare.blogs.cnn.com ... to-shrink/