If China or Japan stops accumulating $’s or decides they’re going to use a substantial amount of $’s we see high inflation and possible Hyper. If they stop buying our treasuries the Fed must step up and we will see Severe Inflation and more than likely hyper-inflation. If our treasuries are not purchased and we can no longer maintain our Military presence Oil will begin to be traded and purchased in different currencies and commodities. Once we lose the Oil backing we lose our Empire.

This is when we can get back on track. We can cut out the social spending and we can grow our manufacturing base. Recovery is not possible without the collapse of the $..it would be Political suicide.

The Military is at war to keep the $ on top..no need to thank the troops. Demand that the Politicians bring them home! That would do much more good. I spent over two years out there. It’s time everyone else left.

1. Take away the High dependicies on manufacturers and imports from Foreign countries (ie;China). Though it might sound harsh, considering the almost slavish job ethics. This would be a chance for the United States to be more self reliant and endure less debt. This in turn would create more jobs, which decrease the roughly 43,000,000 Million Unemplyed in the US (http://www.usdebtclock.org/). Who knows coming from me, mi-nute, this could increase the almighty value of the U.S dollar. Seriously it is rediculous.

2. There is one article a coworker shared with me I find interesting (http://globaleconomicanalysis.blogspot.com), I agree with this person, “The only thing that can possibly work is the writeoff of bad debts, something both the administration and the Fed are reluctant to do. We can either do this now, or drag it out for two decades like Japan, only to end up deeper in debt.” Mike Shedlock.

The Partial Spending freeze that will be discussed on Pres. Obama’s State of Union speech tommorrow, is going to be preposterous, anyone heard of what happened 1937. Hmm…lessons not learned….I have just enough life experience to know at such a young age that it seriously impossible “To spend’s one’s way out of a debt crisis.

More to come on my opinion, I have to get back to work, I am immesly greatful to still have a job….at least for now….

Let me leave you on this last note:
Know this, if we do hit the great depression, what is going to happen to the U.S? The Citizens? Families (Unemployed)? Future Generations (Hell, we are going to have less educated in our future generations because everyone/states/governments thinks a good place to start trimming the costs is by laying off teacher/professors) Not Smart….I think we should start by cutting some Salaries in the Hundred Thousands/Millions/Billion salaries these higher officials are making, and or bonusing themselves? Wouldn’t you agree

What recovered us from the last depression, WWII, thats not my idea of a recovery, heck, we are at war now and all its doing is creating more debt! (God bless all those who are fighting over there for us, and Thank you). Come on… I think I have a realistic perspective for resolve of our crisis…and what you read here is just a small percentage of what should be done…..more to come in future blogs!