From What Really Happened Wiki

As if by magic, G W Bush's legacy making year could give us the perfect storm. Two or three uber, ultra expensive wars with a combined big fat zero return on investment, a Democratic clean sweep of Congress, the Senate and the White House (lest Ron Paul delivers us from evil) and potentially the most crippling financial downturn since the Great Depression. The naysayers have been out in steadily increasing numbers over the last few years, you only have to have read the blogosphere and online news (particularly via WRH). These sources of MSM-resistant news were warning that having crazy low interest rates was what John Stewart might call a cluster f**k in the making. The credit crunch was predicted. The reason that only the fringe got it was that they understood what was going on. Those people selling the Kool Aid in terms of sub-prime credit were drinking it too by buying securities based on the bad debt, with that debt sustainability being absolutely dependent on low interest rates. Unfortunately, there is one thing we know about interest rates. They are 100% guaranteed to go up and down over time. The intimacy with which these repackaged bundles of joy were pushed into the global system was like getting the firecracker right up inside the frog and clasping your hands around the poor toad. First, the markets got caught out by August's credit halt (the world is still waiting for Mike to use the musical chairs analogy, we've missed it), the exception seems so far to be Goldman Sachs who were the first to sit down when the music stopped by hedging against the product they were selling when interest rates started to rise both in the common market and the end of teaser sub-prime rates. Secondly, they did not share with the world what was known straight away and caused the shortage in inter-bank lending. This was the core truth that each month, credit would roll over and need to be refinanced. Each month. Until the last batch of sub-prime teasers has come and gone. This can be measured in years. Either America is already insolvent or it will be this year since treasury bonds are hard to use to increase the national debt when no one will buy them. The rest of the world has been waiting for this. Pride may come before a fall and despite the worlds' love of the American people, the chimp in charge right now has come across as the most arrogant US leader in history. People will pay and throw away good money to see this year's political theatrics.

Maybe it'll all signal the end of Capitalism, like Marx & Hegel said it "would simply cease to exist", forgetting Communism. It's more likely going to be a case of barter and feudalism, in parallel with the Internet and 21st century weapons. The wealth will return to the land, the speculators will panic and be dangerous. Capitalists lost their own self respect. They know Diebold is their only hope.