We The Sheeplez- The Coming Economic Collapse.."A Nation Of Sheep Ruled By Wolves" Thomas Jefferson

Sunday, November 8, 2009

A century ago Rudyard Kipling wrote a poem that foresaw the decline of the empire of his country, Great Britain. Kipling’s poem attributed this decline to the loss of the old virtues, the virtues that were listed at the top of the pages in the special notebooks, called "copybooks," that were given to British schoolchildren at that time — virtues like honesty, fair dealing, Ten Commandments stuff. The title of Kipling’s poem is "The Gods of the Copybook Headings," and its conclusion is a warning to the empire that succeeded the one he was living in:

Then the Gods of the Market tumbled,
And their smooth-tongued wizards withdrew
And the hearts of the meanest were humbled
And began to believe it was true
That All is not Gold that Glitters,
And Two and Two make Four,
And the Gods of the Copybook Headings
Limped up to explain it once more.
As it will be in the future,
It was at the birth of Man.
There are only four things certain
Since Social Progress began:
That the Dog returns to his Vomit
And the Sow returns to her Mire,
And the burnt Fool’s bandaged finger
Goes wabbling back to the Fire;
And that after this is accomplished,
And the brave new world begins,
When all men are paid for existing
And no man must pay for his sins,
As surely as Water will wet us,
As surely as Fire will burn,
The Gods of the Copybook Headings
With terror and slaughter return.

Jim Sinclair’s Commentary

China is using every means to corner the raw materials of the planet.

They know what has happened. They know what it means. They will be prepared for currency Armageddon when it occurs.

The West is sitting by sucking its thumb.

Would it not be classic if Jinchuan bought Barrick’s nickel assets that are being sold in my opinion because of derivative losses on cover.

I met today with a man totally familiar with what happened in Russia when the Ruble imploded.

That was over a period of days where class positions shifted dramatically based on whether or not you took simple precautions.

The dollar’s problems are day by day increasing the Federal debt. That results in the dollar drooping on balance, but slowly so far since USDX 120.

When the real dollar break comes it will, as Armstrong has written, be violent and fast. Have you taken the simple precautions?

Chinese premier pledges funds, aid to Africa
By TAREK EL-TABLAWY
AP Business Writer

SHARM EL-SHEIK, Egypt (AP) — China’s premier on Sunday pledged $10 billion in new low interest loans to African nations over three years, offering the beleaguered continent sorely needed cash while dismissing criticism that Beijing’s motives in Africa are far from altruistic.

Wen Jiabao’s promise at the start of a two-day China-Africa summit was warmly received by African leaders and officials, most of whose nations confront a miasma of despair further accentuated by a global financial crisis that is only now showing signs of abating.

"The Chinese people cherish sincere friendship toward the African people, and China’s support to Africa’s development is concrete and real," Wen said at a forum that attracted leaders such as Sudan’s Omar al-Bashir – who faces an international arrest warrant – and Zimbabwe’s Robert Mugabe. Both are heads of state out-of-favor with the West.

Wen said China wants to help Africa build its financing capacity and would provide $10 billion in concessional loans – ones with generous terms.

As part of an eight-point plan, he said China would also forgive government debts of the poorest African nations that have relations with Beijing and would build 100 new clean energy projects for the continent. It would also gradually institute a zero-tariff policy on 95 percent of goods from some of the poorest countries. All this would take place over three years.