tag:blogger.com,1999:blog-7938384930900615101.post4788802801703302141..comments2023-11-03T00:55:05.577-07:00Comments on My Journey : I'm not the best informed personTracyhttp://www.blogger.com/profile/15692160455833039396noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-7938384930900615101.post-51968037578495190512010-08-20T15:51:07.949-07:002010-08-20T15:51:07.949-07:00I'm a bit tuned-out, but I do know that China ...I'm a bit tuned-out, but I do know that China is a huge threat, and that at any time they could come here and demand everything we own. Thanks for the information...I need to be more up to date on world events...Deborah Annhttps://www.blogger.com/profile/14415814125499548149noreply@blogger.comtag:blogger.com,1999:blog-7938384930900615101.post-54741592747766912202010-08-20T12:13:45.941-07:002010-08-20T12:13:45.941-07:00It is concerning to me. I'm like you and am no...It is concerning to me. I'm like you and am not well informed. I know just information about everything to be ignorant? Know what I'm saying?<br /><br />I've known about this debt to China for awhile. I've felt like we were in their hands for awhile. The words of two pastors I know who are very studied in end time prophecy echo in my head and that in the end, the U.S. is not present...we will cease to exist. I guess my view is that it's all part of the greater picture and Matthew 6 may become alive and well more than we realize to our children and grandchildren.Michellehttps://www.blogger.com/profile/14102164992606199675noreply@blogger.comtag:blogger.com,1999:blog-7938384930900615101.post-56986015972110318702010-08-19T18:09:40.398-07:002010-08-19T18:09:40.398-07:00First, China is not our friend. They are not Europ...First, China is not our friend. They are not Europe and they don't think Mr. Obama is a great guy.<br /><br />They have a large army, that is getting larger. They have enough cash to arm it. They have nukes, and they have an attitude of conquest. They could take Korea, Tibet and Japan in short order and never look back. (Biblically, there will be a 200,000,000 million man army that attack fro the east.)<br /><br />Second - debt is just that, debt. Owing causes us to lose power. We have lost our ability to finance progress by spending ourselves into oblivion. We have now come under some control from those that we owe money too. It makes politics that much harder, and peace initiatives difficult.<br /><br />Japan continues to pillage the US in the auto market, and we say, well they have factories in the US. Yes, but the profits are going overseas.<br /><br />Third - China and Russia are both rearming at a quiet, but accelerating pace. The recent refusal of Russia to allow missiles in Poland is a SIGN. War affects the economy. Look what happened after 9/11.<br /><br />Forth - the dollar is weaker and weaker as we spend our way out of recession (does that even begin to make sense?). The dollar has been the standard for oil trading, and if it changes to another currency, our oil prices will be at the whim of the currency markets, and we thought the commodities markets highs of $4.0 per gallon were high.<br /><br />There are lots of reason for all of this. First and foremost is the failure of Freddie and Fannie Mac. They lent money to folks that could not afford homes. you can thank the Clinton Admin for starting it, and the Bush admin for allowing it to skyrocket. You can blame Chris Dodd (D-CT) and Barny Frank (D-MA), and to a lesser extent John Kerry (D-MA) for their absolute economic retardation. And they blame Wall ST. How convenient.<br /><br />So, yeah, I think it's a bad thing. And based on the amount of foreclosures, which are on the rise again, we are in for a long haul.David-FireAndGracehttps://www.blogger.com/profile/13540931140500045826noreply@blogger.com