Wednesday, November 14, 2007


Chalmers Johnson has written a book: "Nemesis. The last days of the American Republic." In it he compares present day American Imperium with the Roman Empire. At the height of its power it had 38 military bases around the world. Today USA has 737. Military expenditure has cost America two thousand billion dollars and bankrupted the country. The only thing keeping the economy going is the investment money pouring in from Japan and China. If that dries up, total economic collapse. China is already starting to direct its money towards the Euro. I have heard mutterings lately that Saudi Arabia is wanting to price its oil in Euros. If that happens Chalmers predicts America will collapse within 24 hours. --john leleu, Sat, 20 Oct 2007 14:58:53 +1000 (EST)

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