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WN: US 'will lose financial superpower status' - Financial Ti


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The US will lose its role as a global financial "superpower" in the wake of the financial crisis, Peer Steinbruck, the German finance minister, said on Thursday, blaming Washington for failing to take the regulatory steps that might have averted the crisis.

http://www.worthynews.com/news/ft-com-cms-...0779fd18c-html/

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Do you know what its like to watch your country fall in just a few days?

Guess we know now why the US isnt mentioned in the bible in the end times.

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Do you know what its like to watch your country fall in just a few days?

Guess we know now why the US isnt mentioned in the bible in the end times.

Better than being nuked off the planet, I guess.

This whole financial crisis could have been avoided if the congress-critters and other regulators hadn't been asleep at the switch. There were warnings of this before it happened -- but no one wanted to listen. Now we're reaping what's been sown. I'm really disappointed in what this country has turned into of late.

God is still in charge, though, and Jesus is coming soon.

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Let us be like the Titanic band and be playing music to the Lord as the ship sink.....

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Should take care of our illegal alien problem though.... won't be anything to come here for.

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We do not need to be a financial superpower. We just need to have a reasonable budget and keep to it, one that is not founded upon debt.

The federal reserve runs the money, congress does not, as it should constitutionally. The money created by the fed is not really backed by anything, it has no value. It is not backed by gold, it is created by debt.

Well this is what happens when you run your country on debt. Eventually bad debts will take the money away. We need to kill the fed and go back to gold standard. Depression will result probably, but dont you believe we're headed there now? But a real depression, not one created by stupidity, will result eventually in growth. This nonsense will result in nothing but chaos.

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Do you know what its like to watch your country fall in just a few days?

Guess we know now why the US isnt mentioned in the bible in the end times.

Maybe your just not seeing it.

Here's a perspective.

Here's another one.

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Us partial preterests are not concerned about whether America is in prophecy. We just need to know that when the nation does good in the sight of God, it is blessed and when it does evil it is cursed. And that believers are supposed to be wise and that we are not supposed to be overly attached to the things of this world. Keep these things in mind and you'll get by in hard times.

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