Nicely done and very near the truth, but with this additional
information that recently came to light.
"Further analysis reveals that the first use of cold fusion was in
China where it helped the government off set the collapse in the
dollar in 2010 by reducing the country's use of oil. This secret
program was not known to the world at the time and now explains why
the use of oil by China abruptly dropped and continues to decline. At
the same time, the use of oil by the US and the West continued to rise
until the final economic collapse in 2013 when the success of the
Chinese was finally discovered."
Ed
On Jun 21, 2009, at 11:39 AM, Chris Zell wrote:
There are many reasons why the dollar and the US economy collapsed
in 2013. Historians offer many opinions on the chain of events that
led to the Federal government defaulting on its debt. However, one
factor is widely agreed upon: The sudden emergence of "Cold
Fusion" - while hailed as progress in the global warming fight -
caused economic collapse in utilities and the use and trade balance
related export of coal as a triggering event.
It did little, however, to reduce massive US imports of oil which
kept weakening an already fragile currency because the generation of
more electricity was not generally related to transportation or
chemical feedstocks. Looking back on the event and the worldwide
depression we now live in, at least global warming has declined as
a threat due to the massive drop in fossil energy use now associated
with global poverty.
