‘Whatever happens, the [1997 Asian currency] crisis probably signaled the beginning of the end of the American empire and a shift to a tripolar world in which the United States, Europe, and East Asia simultaneously share power and compete for it.’
Chalmers Johnson, Blowback, 2004
05 April 2011
SP 500 and NDX Futures Daily Charts
Benny and the Boys need to hang on here.
There is a LOT of air under this monetary meringue.
I can see an event dropping the SP futures down to test the 1200 level in less time than most might imagine.
Let us pray for those whose hearts are hardened against His grace and loving kindness by greed, fear, and pride, and the seductive illusion and crushing isolation of evil.
We pray that we all may experience the three great gifts of our Lord's suffering and triumph: repentance, forgiveness, and thankfulness. And in so doing, may we obtain abundant life, and with it the peace that surpasses all understanding.
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