All forms of coercion are employed by paulscum and the US as it tries to bully the rest of the world to “do as they say” financially and economically. This current damage to the China manufacturing base will unfortunately demonstrate loud and clear that the US consumer was in fact at least a major player in global economics.

Between the control of capital, loans, and financial services used as financial leverage and the hints of various forms of US military bullying (see the movie Siriana) we are seeing an interesting dynamic in the global balance of power.

China has little to fear from the US militarily. But this unprecedented round of factory closures demonstrates not only to China, but to the world the key role the decadent US consumer played in gross global product.

The last 100+ years has also demonstrated that as economic roles, economic strength and social unrest become unstable among nations wars have broken out. Things were bad for the average citizen in WW II when the US was essentially self sufficient. Now that we import everything from underwear to tires to ball point pens to TVs to apples.... and now that trans-oceanic shipping is slowing around the world, it would not surprise me to see shortages and increased prices in all things imported. For that matter items shipped more than a few hundred miles within the US may suffer shortages and increased prices. The Us may be in for much more than bad financial times.

What percent of the tires sold in the US come from Europe and Asia? ...what % of our “fresh” fruit? ....what % of our clothes? You get the idea. Couple shortages with the massive fiat pumps going night and day around the globe and it is not hard to imaging global hyper-inflation. Moreover I think it is possible we will start to see examples of this in just a few months.

At that time the new jerk filth will lose control of the price strangle hold they precariously hold over gold and silver. In the midsts of the turmoil our little gem, ECU, may explode in price, but we will be paying an accompanying price in terms of quality of live.

What was once a good, albeit risky, investment may save our collective bacon. ECU and other producers that can survive without banks until they can get fair price for their metal will help those that took the chance to hold these resource stocks with a death grip through these painful times.