rache,the worthless derivative market in the West is 20 times the World's GDP.Brazil,China,India Russia have now formed a currency/trading alliance which is giving them indpendance from the Western mess.They are growing their economies independantly of the West.The West relies more on China than vice versa.

Arjay has hit on some important points.
It has already been suggested that someone in the Pentagon will
establish a military government if the politicians cannot save the US
government from a total financial and economic crash.

Those derivatives that Arjay has mentioned have already been making
some organisations very worried. They amount to amounts approaching a
hundred trillions.

The next crunch point, not necessarily the last, will be 1st January next.
Seems over the top doesn't it, to me it is, but it is the arithmetic !

Well we will soon know if the mighty USA is to survive. Even with all their advantages some sense has to be used.

If the yanks can be stupid enough to elect Obama again, we will know they've had it.

If that's the case we will have not much more than 10 years to find another way to get by in this nasty world. We will find no sympathy to our north west, so where can we run?

I wonder if anyone will still speak English in a hundred years?

This is turning into one of the more entertaining threads on OLO. Conjecture, speculation, surmise, suppositions, assumptions, postulations, hypotheses - all piling in one upon the other in a great heap of... nonsense.

That's par for the course in any conspiracy thread. But it is actually quite saddening to find so many people who catch onto a random thought, and propagate it without even the vaguest suspicion of fact checking. If the internet is going to displace journalism in this fashion, with "news" being gleaned from tweets and blogs instead of conscientious investigation and corroboration, then we are going to rapidly become a race of fantasists, grabbing onto the slightest factoid and imagining it to be true, "because I saw it on the web".

I think the saddest part of all, though, is that the internet is also a powerful tool for discovering the reality behind these ramblings. Why have we suddenly stopped using it for this purpose, I wonder, and instead use it to fuel our wildest theories about global hegemony, evil banksters and the giga-trillions of "debt" that some folks glory in talking about?

And what of the sources?

>>According to Webster Tarpley... There are reports that... China was supposed to roll over in 2008... The Oligarch's only solution is war... the worthless derivative market in the West is 20 times the World's GDP... etc.etc.<<

Tell us, Arjay. Have you ever, even just once, been right about anything that you have claimed on OLO?

I can't be bothered to debunk every piece of dross that you have regurgitated here. But for those still in doubt, figure only this.

>>...the worthless derivative market in the West is 20 times the World's GDP<<

By definition, this means that the derivative market is not counted in the "world's GDP".

So, where is it? It clearly doesn't appear in a bank account anywhere, so what is it actually worth, in real money, the sort that you can spend down the coffee shop?

Pericles,do yourself a favour and read some of the articles here, http://www.globalresearch.ca/

No the derivative market is not part of the world's GDP.It is monopoly money.It is a big casino parasite that destroys real productivity.

This is big development.http://tarpley.net/ 30 countries including China,Russia,India,Iran,Venezuela,Sudan etc have voted against attacking Syria.This represents almost half the planet's pop.

So the Western Imperialists have to work our a new plan.Perhaps a false flag attack on the US Enterprise and blame Iran,which is due for decommissioning.It will cost $ billion to decommission its nuke reactors.