Comments on: The End of the World As We Know It… http://leedsonfinance.com/2010/03/10/the-end-of-the-world-as-we-know-it/ Sandy Leeds' Analysis of Key Market Issues Wed, 24 Mar 2010 14:35:47 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Stas http://leedsonfinance.com/2010/03/10/the-end-of-the-world-as-we-know-it/comment-page-1/#comment-7258 Stas Thu, 11 Mar 2010 23:11:29 +0000 http://leedsonfinance.com/?p=1479#comment-7258 How bad the collapse of an empire can really be these days? The British Empire collapsed and lost its colonies, its currency role, political and military influence, but the Brits seem to have done just fine?. The Soviet Union demise resulted in few local conflicts, but overall it wasn’t a major catastrophe. The worst comes around in States, we’ll drive smaller cars, live in more reasonably sized houses and don’t go out that often, but won’t have to watch the news about military operations overseas. We’ll survive:). How bad the collapse of an empire can really be these days? The British Empire collapsed and lost its colonies, its currency role, political and military influence, but the Brits seem to have done just fine?. The Soviet Union demise resulted in few local conflicts, but overall it wasn’t a major catastrophe.

The worst comes around in States, we’ll drive smaller cars, live in more reasonably sized houses and don’t go out that often, but won’t have to watch the news about military operations overseas. We’ll survive:).

]]> By: Mr. Jeong http://leedsonfinance.com/2010/03/10/the-end-of-the-world-as-we-know-it/comment-page-1/#comment-7256 Mr. Jeong Thu, 11 Mar 2010 03:43:49 +0000 http://leedsonfinance.com/?p=1479#comment-7256 Hello Mr. Leeds, I spoke with you Saturday March 6th, and I was very interested in what you had to say and was wondering if I could learn more about it by reading your blogs. I would, however, like to ask this question in order to get someone else take on "what could happen." What do you think would be the consequences of this possible "fall of the empire that is the U.S?" Consequences, both for US citizens and foreign countries? Hello Mr. Leeds,

I spoke with you Saturday March 6th, and I was very interested in what you had to say and was wondering if I could learn more about it by reading your blogs.

I would, however, like to ask this question in order to get someone else take on “what could happen.”
What do you think would be the consequences of this possible “fall of the empire that is the U.S?”
Consequences, both for US citizens and foreign countries?

]]> By: Mr Mike http://leedsonfinance.com/2010/03/10/the-end-of-the-world-as-we-know-it/comment-page-1/#comment-7254 Mr Mike Wed, 10 Mar 2010 16:46:44 +0000 http://leedsonfinance.com/?p=1479#comment-7254 Hi Sandy, Interesting topic of discussion you have here. I remember having this discussion with some people over the last year. I think the unanimous agreement here was that the U.S.A sorely needs another genius to come up with a technological break-through that causes the economy to start growing quickly enough to service debt again. This needs to be supplemented by a president who is actually fiscally responsible. This would mean that not only does a Bill Gates type genius need to step up to the plate, but we need a fiscally responsible president to be in power when that happens. In the past have we had any president, who was not only fiscally responsible, but was also able to legislate in a way that prevented bubbles?. Clinton may have been fiscally responsible but he along with Reagan initiated the fiscal deregulation that led to the current disaster, followed only by the warmongering Bush's (a class of individuals that are beyond disparagement). The probability of more great thinker/industrialists coming to the forefront in the U.S.A is high, but the probability of having a great politician, one that can combine the best qualities of the seemingly endless run of the past few mediocre presidents, while these thinkers expand our GDP, is probably slim to zero. As a U.S. citizen who grew up abroad, I get in trouble for saying things like this, I don't want to be a labeled a terrorist! However I agree with the quoted material, the probability of the U.S being a world leader after another 50 years is not looking very good. Hi Sandy,

Interesting topic of discussion you have here. I remember having this discussion with some people over the last year. I think the unanimous agreement here was that the U.S.A sorely needs another genius to come up with a technological break-through that causes the economy to start growing quickly enough to service debt again. This needs to be supplemented by a president who is actually fiscally responsible. This would mean that not only does a Bill Gates type genius need to step up to the plate, but we need a fiscally responsible president to be in power when that happens. In the past have we had any president, who was not only fiscally responsible, but was also able to legislate in a way that prevented bubbles?. Clinton may have been fiscally responsible but he along with Reagan initiated the fiscal deregulation that led to the current disaster, followed only by the warmongering Bush’s (a class of individuals that are beyond disparagement). The probability of more great thinker/industrialists coming to the forefront in the U.S.A is high, but the probability of having a great politician, one that can combine the best qualities of the seemingly endless run of the past few mediocre presidents, while these thinkers expand our GDP, is probably slim to zero. As a U.S. citizen who grew up abroad, I get in trouble for saying things like this, I don’t want to be a labeled a terrorist! However I agree with the quoted material, the probability of the U.S being a world leader after another 50 years is not looking very good.

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