That is what we all think at times. There are two stages that stop us for getting one, or to get the credit limit upgraded. The first is work. It is hard to tap into that ‘virtual’ resource when you are out of work. The second stage is that if you have a job and it pays, the future of the company you work for makes upgrading limits a genuine problem. Even if the bank approves it, you yourself at times wonder if you should make that jump. Rightfully so as you soon realise that you are merely working to pay the interest bills.
So where is this going?
Well America is in that situation right now. It failed to ‘bolster’ its size by claiming Canada and it is now in a bullying stage then there is Greenland, which is funny because no one wanted Greenland for the longest of times and now it get ‘courted’ by America. Of course the courtship (like any courtship) is usually based on lies and on presentations in a different direction. Like most men, the first notion of a courtship is to push his dick onto her vagina no matter the cost to her. This reminds me of a joke Jack Whitehall stated: “We all look at the village idiot in some way, here in the UK we put him on the street, In America you love village idiots. They end up in the White House” and that is basically the setting they face. His bully tactics are coming up short and for the most part the skeptics are watching what is coming next. I considered the options and as I have been keeping an eye on the American economy, I see the play they essentially need to play. You see, America has run out of Credit Card Space and they need to upgrade their credit card. So first they talk trash on Canada and try to make it their 51st State. But now that it is failing they need alternatives.
But the cause is worse than the need, they now face massive changes as Canada, part of the Commonwealth is seeking alternatives with Commonwealth nations. Australia, New Zealand and the United Kingdom seem to be on board to support each other and that is what America never counted on. Then there is the EU and some of these nations (two at present) are dumping their F35 aspirations and they are looking elsewhere for their planes. It might not be large customers, but it is a beginning and that gives rise to alternatives.
Getting back on point.
We see news by several channels, ABC for one gives us “Mr Trump iterated that the island was important for US national security. The US president has not clarified how or when he aims to annex it, but he has not ruled out using military or economic power.” As I personally see it, the real reason is “Greenland has rich untapped mineral resources and oil and gas, but development has been slow” that same setting exists for Canada and the US desperately needs to upgrade its Credit Card and that is one way to set it to a reality. As I see it, as a Courtesan truly worthy of the name village idiot he sets the trash talk to stellar to make these two ladies drop their briefs and that isn’t happening. Moreover (I for one) and plenty of others feel very protective of Canada. Greenland less so, but that is a Danish/EU setting. The method employed is just too icky. And now as American debts are surpassing thirty six trillion dollars with no handle on spending, the credit card needs to be upgraded before America has to default on things. As such Canada needs protection from the Commonwealth nations or it gets dragged into that hole named America. And that debt is shown as $36,000,000,000,000 and two elements will hammer America. The first is that the debt is now higher that its GDP, this might not seem like it is a big thing, but these are trillions and there is no stop spending in effect. Also the larger issue is interest. You see, then we look at that we see that Australia has a 3.28% debt setting. I cannot say exactly what America’s is but it should be over 2%, this means that 720 billion dollars interest will be due every year (a little over simplified) and seeing that the American tax office collected $4.9 trillion in FY 2024, we see that 14.693% of the taxation is lost on interest payments and it is getting worse. So a nation that is spending in all the wrong places gets to live of 85% of its budget and last year (2024) it was dealing with a deficit of $1.8 trillion (or 1800 billion dollars). So what happens when you have to do this on 85% of your budget?
This is why America needs to upgrade its credit card and it is falling short. Especially as nations rally against the baboonic trash-talking bully tactics of the president of the United States. As well as national interest, particularly Canada and Denmark.
There is but one larger solution in play. When America defaults before it resorts to military options, the game is over for America. It would become a third world nation over night. If not than we have a non-preferred option and that is to run into the arms of People’s Republic of China. There is the chance that the world will react to a larger degree all American items, which is bad news for Apple and Microsoft, but that is the stage that is evolving.
I have the stage (personally fueled) that America collapsing is not the worst thing, but all those enjoying retirement plans that they saved up for their whole life, they can rejoin the workforce until they die. I reckon the ultra rich will lose a chunk of their value and they will evade to Bermuda, Monaco or the UAE to life out their lives. The rest will learn that the vote of 2024 was the worst day in their life but that is what we face. The rest of the nations have no reason to celebrate. When the dollar goes, so do the Yen and the Euro. As I see it, President Xi was ready for this by playing the waiting game. He will gain the economic options of 27 EU nations and up to 56 Commonwealth states. On the upside, Canada might get an infusion of cash as they build several airbases on their southern border (a presumption of me). The irony is funny, to pretend to serve national interests, president Trump caused the creation of Chinese airbases on their northern borders.
As Wall Street fixes on what is likely to happen, they need to set the shores of financial options and as I personally see it, those shores remain under attack for the better part of a decade and the is bad news for Wall Street as the economy doesn’t have that much time anymore. Im actually not sure how America survives 2026 at present.
Well, have a nice day and consider where you are and where you are likely to be soon enough.
Lawrence van Rijn - Law Lord to be 