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40 Ways That China Is Beating America

40 Ways That China Is Beating AmericaChina is wiping the floor with the United States on the global economic stage, and most Americans are so clueless that they have absolutely no idea what is happening.  The number one global economic superpower is in an advanced state of decline, and the number two global economic superpower is becoming stronger with each passing day.  Unless something truly dramatic happens, it is only a matter of time before China overtakes America and become the dominant economic force on the planet.  In fact, China is already exercising economic superiority over the United States in a whole host of ways.  China produces more goods than we do, China does more total trade in goods with the rest of the world than we do, China produces more cars than we do, China produces more gold than we do, China consumes more energy than we do, China produces more coal than we do and China produces more steel than we do.  Every single year, we buy far more from them than they buy from us, and this has made them exceedingly wealthy.  Our politicians regularly make trips over to China to beg them to lend us back some of the money that they have taken from us.  Today, we owe China more than a trillion dollars and the Chinese are sitting on the biggest pile of foreign currency reserves that the world has ever seen.  All of this wealth has fundamentally transformed the nation of China over the past couple of decades.  Just check out the startling photographs of China from space in this article that show how China dramatically changed between 1992 and 2010.  As China continues to become stronger and as America continues to become weaker, will our children some day wake up in a world where the Chinese are telling them what to do? (Read More...)

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The Debt Bomb: 7,600,000,000,000 Dollars Of Debt Must Be Rolled Over In 2012

When it comes to government debt, it is not just new debt that is the problem.  Every single year, governments around the world must “roll over” gigantic mountains of debt that come due.  That means that the actual borrowing that takes place each year is far greater than the yearly budget deficits that you see talked about on television.  In 2012, a total of 7,600,000,000,000 dollars of debt must be rolled over by the G-7 nations, Brazil, Russia, India and China.  When you add in interest payments, that number rises to over $8 trillion.  And that does not even include any new borrowing that all of those nations will do in 2012.  This is a debt bomb that could devastate the entire global economy at any time.  Everything will be fine as long as global lenders are willing to lend these countries gigantic mountains of very cheap money.  But if that changes, and there are already a multitude of signs that a massive global credit crunch has begun, it will mean a complete and total financial nightmare for the entire world. (Read More...)

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35 Shocking Facts That Prove That College Education Has Become A Giant Money Making Scam

College education in America is a bad joke.  Instead of preparing the next generation of leaders for the jobs of tomorrow, the college education “industry” has become a giant money making scam.  We constantly preach to our high school students that they “need” to go to college and we tell them to not even worry about how much it is going to cost because a college education is “always” worth the money.  Then we lend them outrageous amounts of money so that they can pay the gigantic bills for the “education” that they are receiving.  But the truth is that the quality of education at America’s colleges and universities is absolutely abysmal these days.  I spent 8 years at U.S. universities, and most of the courses that I took could have been passed by the family dog.  Sadly, once our young people graduate they quickly discover that there are way too many college graduates and not nearly enough good jobs.  Today, we have millions upon millions of young Americans that are enslaved to student loan debt for the rest of their lives.  They were promised a bright future, but instead most of them are discovering that they are going to be working really hard to pay off financial predators for decades to come.  Unfortunately, for most college graduates a diploma is simply a ticket to a crappy job and a lifetime of debt slavery. (Read More...)

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America Is Rapidly Bleeding Wealth And Jobs: 28 Statistics About The Gutting Of The U.S. Economy That Will Blow Your Mind

Red alert! Over 40 billion dollars of America’s national wealth is being shipped out of the country every single month.  Our economy is being gutted and we are bleeding wealth and we are bleeding jobs.  This is a distress call.  Is anyone listening?  Thousands of our factories and millions of our jobs are being shipped overseas.  Over the past decade over 6 trillion dollars have been transferred into the hands of foreigners.  Our national government is so broke that they constantly have to go and beg those foreigners to lend us back some of that money in order to finance our exploding debt. The number of good jobs continues to decline and there are millions upon millions of my countrymen that are unemployed.  Can anybody help us? Mayday! Mayday! Mayday! (Read More...)

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20 Facts That Will Make You Really Mad If You Stop And Think About Them For A While

The more you read the news today the more likely you are to get really mad.  The world is becoming an incredibly crazy place, and at times the amount of bad news that is coming out can seem almost overwhelming.  Everywhere you look, the poor are being oppressed, our politicians are making stupid decisions and evil is on the march.  The America that so many of us grew up deeply loving is literally being ripped to shreds in a thousand different ways.  Unfortunately, those in power have not had any real answers for us in decades.  The Democrats don’t have any real answers, the Republicans don’t have any real answers and the Federal Reserve sure as heck does not have any real answers.  In fact, it seems like almost everything that our leaders actually do “accomplish” only makes things worse.  The vast majority of Americans are quite busy being entertained by “bread and circuses”, but meanwhile our country is literally falling apart. (Read More...)

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