Ivan Canas: As the US falls, Europe and the Shanghai Cooperation Organisation (SCO) (IF they play well) could become the most powerful regions followed by The South American Union UNASUR. Please read the 'more info' section

The long-term consequences for the world if there is a collapse of existing economic system? What will be the future to the global economy of the loose money policies of the last few years? Does economic disaster now loom over the horizon? What will trigger off a lack of confidence by America's creditors in continuing to invest in the USA and support the US Dollar?




There could be any-one of a number of factors that would lead to international confidence in the American economy and the US dollar such as:




1 Switch from accepting payment in oil from dollars to Euro by OPEC.
2 A major national disaster, such as an earthquake in Tokyo, a cyclone in America, a terrorist attack.
3 A military defeat in Iraq or Afganistan.
4 A further blow-out in the US twin deficits.
5 Rising interest rates in other parts of the world.
6 Lack of confidence in America's ability to service its debts.
7 Major economic calamities in the US, such as run on the banking system, fall in the share-market, or a collapse of major corporations.
8 A major disease epidemic, such as bird flu.

The world has experienced some of the greatest shift of wealth in recent history, from the Anglo-Saxon nations who have dominated the global economy for the last 200 years, to Asia and Continental Europe. This shift in wealth will shortly result in the economic collapse of the US­ their money will become worthless, and their economies will disintegrate into anarchy and poverty. This collapse will also have consequences to the Asian economies, which have become depended on exporting to the North American market to support their domestic growth but Whilst the Asian economies will be severely affected from the collapse of the US economy, they will survive and recover.




The region in the world which will fill the vacuum from the coming collapse of the US Dollar will be the Eurozone. The Euro will replace the dollar as the world's reserve currency, propelling the Eurozone nations into the most influential global economic power. To support filling the monetary vacuum following the collapse of the dollar, Europeans will have to resolve their constitutional differences and form a political union. Those nations that accept the EU Constitution will form a United States of Europe, but it is unlikely that all existing EU members will agree to be a part of such a political union yet.

The future for the US looks bleak. The sudden withdrawal of overseas investment will see their economies go into free-fall. Their currencies will become worthless. Property prices will collapse. Businesses will fail. Disease in the US might become wide-spread, made worse without the drugs to control that many that is now depended upon. Starvation and anarchy will prevail. There will be little governments can do to save their people.




Meanwhile, America's over-stretched military will no longer have the financial resources to continue its futile Middle East wars, and to sustain its bases that circumnavigate the globe, will be forced to withdraw back to the USA.

Few can comprehend of the fate that lies ahead for the US. It will be a time of human suffering greater than ever experienced. After 200 years of global dominance, their defeat will result in some of the most dreadful suffering mankind has experienced. Yet all this could have been avoided if they had not rejected the Law of Real Freedom and LOVE.

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[RebLaCrusade]

This whole fucking planet is going down the tubes.

[cromespyder]

you wont get any argument from me about bush. but obama is more of the same, dont be naive daanz. same people are running the show, jews run the US, not the president. obama is a puppet, nothing will change, we will still have military bases in over 100 countries, we will still be fighting wars for israel in the middle east under the guise of fighting terrorism, we will still keep racking on debt. . .what is obama going the change? tell me. . .

all he will change is the face of the president.

[qazibasit]

european people are good in management and economics

[ukgreaterlondon]

@TTFLS BLONDE POWER : )

[TTFLS]

@ukgreaterlondon looooooooooooooooooooooooooooo­oool!!!!!!!!!!!!!!!!!!!!!! The UK has loads of financial problems with economics compared to other anglo countries.. Also more then Scandinavian countries etc or of course countries like Germany.. They are all doing waaaaaaaaaaaay better then the UK..

So stop crying, UK joined us because it needs us, not the other way around.. If they wanted to compete with China or US on their own they should have played like the wonderful Germans..

[ukgreaterlondon]

EU, USA, RUSSIA, CHINA, JAPAN AND OTHER ALLIES VS ENGLISH SUPERIOR.

EU INFERIOR?

ENGLISH SUPERIOR HAS KNOWLEGE AS A WEOPEN THAT CAN MAKE ALL EU NATIONS ALLY WITH THE ENGLISH BUT THE EU HAS NOTHING MORE THAN HATE AND JEALOUSY.

JUST LIKE ROMANA PAX, THE EU WILL FACE DEFEAT.

BLONDE POWER!

[ukgreaterlondon]

EU TRADE WILL MAKE THE EUROPEAN UK SUB CONTINENT MORE WEALTHY.

THE EU NEED THE ENGLISH MONEY, IT IS CORRECT MONEY, EU MONEY IS PUNY.

[wtfjaftw]

@RebLaCrusade Yeah what order will come out of the chaos? I think this a planned fall down to establish a global empire!

[badsign1980]

everybody knows who started this right... THE FUCKING USA BANKERS WITH SUB PRIME SCAM!!! BUT AMERICANS ARE TOO FUCKING LAZY TOTAKE IT THE STREETS, TOO FUCKING COWARD THE ONLY THING THEY ARE GOOD IS TO OPRESS 3 WORLD COUNTRYS

[Richard678]

@RebLaCrusade Totally agree,

[estorpai]

we are tired of rerrorist groupd like world bank,WTO, IMF and the other western tools to impliment terror and kill innocent Africans.

China will give us better deals, good riddance old west.

[WCPMC]

What I said was that the African Union and South American Union were both jokes.... and thats true! So go fuck off will you.... whhy is it that you Norwegians have to try to be better than Denmark ALL the time... I have seen some of your tv shows... its just a load of bs bashing Denmark and our language... I know that Norway once was Denmarks bitch but it isn't anymore... good the world knows that..!

Oh and btw, We need BOTH Russia and USA as partners... deal with it.