It took me a few months of regularly reading any news I could get my hands on about the Sptember portion of our unfolding economic collapse to notice that the word "billions" was being used in an alarmingly offhand way. SInce when did Abu Dhabi have $10 billion dollars lying aroung to loan a country like Dubai? Maybe they always have, and it's just news to me because I onlly first learned of Dubai's existence after 9/11. Maybe they've always had that kind of money..

My mind wandered. They are a wealthy country, I thought. All of that oil money must have piled up over the years...and with their booming auto industry - wait - ...these people have all the oil and they don't make cars? They barely drive cars, relatively speaking. After all, this is the region of the world Rumsfeld antipated bombing "back to the stone age." Guess what? It still is the stone age in many regards. All of those billions come from us, the Anglos, the white people who invested the steam engine and eventually the turbine...we made the macines run on the oil in the ground and all those billions of dollars being loaned to very small, unsophisticated Arab governments in the Middle East are our dollars that we printed right here in the US.

Our country sent trillions upon trilliomns of dollars out into this world, and not PHYSICALLY - fictitiously through fractional reserve rules and out into the world of "debt." Our fiat currency has a long and mature history of being lazily trusted. In fact, that trust is now baked into our collective memory by virtue of time, the cycle of life, and the natural passage of generations and human birth cycles.


And even though that only 3% of our GDP exists in physical currency, you can rest assured that the money in Abu Dhabi's hands came indirectly from that same printing press. What are we to make us citizens and innocent bystanders of the deluge of increasingly worthless fiat currency our national government has continued to spill out into the world since well before our births? How can we reconcile our feelings of love, hope, ambition and belief in our futures with the cold, hard facts of history?