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Simply yes it's very possible. 1.6 billion people entering into a Socialist capitalism. That sentence is quite the anomaly. It could come down to finally the world defaults on the government bonds because of sovereign debt issue already in the works China holds most of those notes. What would you do if you are the only country that has a powerful economy and you owned the worlds debt and they defaulted on you? You would feel empowered to go in an get some of your debt back. As pertains to US? How can you attack the US without actually attacking it? You attack Israel. Prophecy an army of 100 million stand and the top of the valley of Armageddon. I believe this to be China with Russia
What about the useless war in Afghanistan? I'm not a GW lover I think he made a lot of mistakes but when I look at what we have now he doesn't look so bad. All of the things that people blamed Bush for like deficits and the economy Obama has done done more than doubled all of that. Just because someone calls themselves a conservative don't throw them into the Tea party movement I don't associate myself with them. Just from my point of view as a former economist I can only tell you what the cause and effect is of political ideology how that effects overall markets and the overall markets are getting worse and they have nothing to do with Bush.
So just a few days after Obama has lost his Albatross in being that his health care bill is gone. He now has decided to pick on the banks and break them up or in his words "A fight Im willing to have". After the banks paid back TARP with the Government making Billions of the interest. Im sorry but has he lost his mind? Seriously! The Dems are using their usual spin factor and calling it either a vote for the people or a vote for the banks. Only an ignorant person would believe this. Do you know that most people have no Idea that it was Government Regulation forcing banks to lend because of the Urban Housing Act of 1978 and Barney Frank stating that it is everyone’s right to own a home that help put into gear the Stated Income loans which was the main reason why the crash happened. Those loans are gone now the economy wants to recover. But Obama is mad that the banks have paid back the TARP faster than he ever anticipated and he has no control over them, which in my opinion why he is going after them. He is a fascist to the core. Why can't he praise the banks for doing the right thing. Right now the economy wants to hear encouraging words. Not this and especially not right after today being that the Loss Jobs report was another 445,000 claims, higher than experts even thought. Love the banks or hate them our economy needs them to be strong and not attacked by our president. Just for the record I'm not a banker I just have common sense about money, business and confidence in which a healing economy needs. Which this President has done neither. I'm a Republican who feels betrayed by him, and I hate to say that he is one of the most corrupt Presidents that I can recall. This whole war on the banks is wrong. If that is the case then he needs to break up GM and break up the Unions which is why they have their downfall in overpaying dollars per hour in a competitive industry which can’t compete. Or Fannie and Freddie what about them? They would have to go after there own congressman and tax them. It is a part of government that should not be allowed selected punitive and punishing those companies unfairly to the rest. Please block his rediculous plan and Republicans need to be vocal about the real reasons why the economy fails, government interfering with private sector. Obama doesn't have a Friskin Clue on fixing the economy he is clueless to what business needs or what people want for the economy.
Argue all you want but the scripture below calls it how it is. Hard to debate. Even the Koran goes along with it however their propeht is the wild man Ishmael
Isaac or Ishmael
Bible = Genesis 17:18,19 “And Abraham said unto God, O that Ishmael might live before thee! And God said, Sarah thy wife shall bear thee a son indeed; and thou shall call his name Isaac: and I will establish my covenant with him for an everlasting covenant, and with his seed after him”.
Koran = 19:54 “Also mention in the Book [the story of] Ishmael: He was [strictly] true to what he promised, and he was a messenger [and] a prophet”.
Bible = Genesis 16:12 “And he will be a wild man; his hand will be against every man, and every man’s hand against him”.
The Bible called Ishmael a wild man; the Koran called him messenger and a prophet.
Jews, Christians and Moslems follow the steps of Abraham as a father of faith. Abraham was the first human being who was so much in love of God that he was called “the friend of God” (James 2:23). He had such faith and trust in God that he became the first person with whom God make an everlasting covenant; as it is written, “I will establish my covenant between me and thee and thy seed after thee in their generations for an everlasting covenant, to be a God unto thee” (Genesis 17:7).
Socialism does not work it. The analogy of the grades was perfect. Socialism only creates more poverty. If you look to true Socialist countries they have extreme poverty and most of the black markets are because of it. The great economist Mises always has said this.