Exploding U.S. National Debt Means Bye Bye Miss American Pie

10-21-2009 • MarketOracle

The time is approaching when violence will be required to take the power back from the fat cats. When people lose everything they have worked their whole lives for, there is nothing left to lose. Once the financial system implodes, government will be helpless to print more worthless currency. The uprising that will occur during this Crisis will be bloody, as those in power will not relinquish control without a fight. The flag of the righteous and unified will ascend. Thinking Americans are what the ruling elite fear most.

This is the fourth Crisis period in American history. The prior three were the American Revolution, the Civil War, and the Great Depression/World War II. We’ve experienced two revolutions and one world war that killed 65 million people. There is no way to avoid what awaits us. Like the seasons, we must go through Winter before we can experience Spring again. The only question is what events will transpire to generate the public fury that always occurs during the Crisis era. Will it be a foreign conflict over oil that transforms into a World War? Will it be a nuclear missile exchange in the Middle East? Will it be a nuclear device detonated within the U.S. borders? Or, will it be a domestic civil war due to a total collapse of our economic system? The conflict is likely to be triggered by natural resources or lack thereof.

We are years from a final resolution. The cast of characters who will decide our fate is unknown today. Barack Obama will not be a major player in the climax of this Crisis. He will go down in history as the James Buchanan or Herbert Hoover figure that only insured that the Crisis would grow bigger and more painful through his actions.