Greece just keeps selling bonds (sovereign debt), and the creditors keep buying 'em, creating their paramount claim to Greece's lock, stock & barrel. Where have I heard that one before? The unfolding sovereign debt debacle will make the mortgage debt debacle look like *the good ol' days.*

A currency war has been going on for a fair spell, given Iraq and Libya. Similar sanctions against Iran are an act of economic warfare, with post-sanction Iran now selling its oil to China and India for...




wait for it...




**********GOLD***********


Perhaps, the BRIC countries are shifting the ongoing currency war(s) into a trade war. Perhaps, along with everything else, the US and the dollar will lose when the hundreds of trillions in derivatives go to schit in the blink of an eye. Perhaps, we'll all be renters on the remaining plantation, if it doesn't glow..... wink

Maybe there is nothing new under the sun. Maybe taking a gander at Genesis 40 to that Book's end could give some insight into possible outcomes for the discerning of mind.....