Friday, November 26, 2010
Keeping Everything Copacetic
It seems that America is re-emerging and will be ruling the world for a while. Its main rival, the European Union headed by Germany, seems to be heading toward the mother of all financial crashes. Gonzalo Lira, a Chilean fantasy-writer who follows what is going on in Europe, says that Spain's economical statistics are fake (like the Greek ones) so it is certain that it is the next to go down. (See his illustration). Contrasting with his hyperinflationary prophesies, this time he sounds credible.
Now, if the China bubble explodes, as it may, we shall have returned to the postwar situation where the USA is the sole superpower remaining on its foot. That outcome will be quite a surprise to the doomsayers that have been predicting America's fall and dissolution, like my friend Dennis Mangan. America will not fall so easily because it is a nation that trusts in God. China is officially atheist, Europe is nihilist in practice. God (the concept) has migrated to America.