What Will Really Happen as Countries Repeat Same Mistakes?

The year of 2012 marks 50 years since I ran in the Primary of 1962 for Missouri State Representative. So I have that 50 years, plus a couple of dozen years before, in community activity to call on when I try to look ahead.
 
Even before that, I have the history of the world in watching great civilizations come and go for more or less the same reasons. So, let us use the near past for comparison.
 
We could start with Brazil, which a few years ago gave up its freedom, starting setting the stage with great overgrowth, causing bonds to collapse and the country has to start all over again. 

Next would be Russia. We outspent them in the Cold War before they tried Afghanistan and ended up with the same result from the same mistakes.

Close behind would be Greece, which had many great successes in the past but never got over the change to the euro, which allowed the country to go into debt so deep that now the European Common Market had to bail them out to the extent that money is being pulled out of Europe by the money manipulator as our Quantitative Easing here in the United States is now being invested here in bonds, which are just a shade better.

Many of my friends who liked Ireland because of family background or memory of the potato famine of the past now are finding Ireland on the verge of failure. 

Close behind comes Spain in the throes of riots and demonstrations because of unemployment which is running close to 21 percent.

Then consider Italy. It fell into the same mistakes with loans going bad at the same time. So all these are similar to the United States where, because we were better off, our program was not only to go into debt to keep up our standards, but to exceed all the countries until it got caught in the meltdown of 2008.
 
Our solution then was paraphrased by someone like throwing water to a drowning man; this was by throwing borrowed money to save someone drowning in debt.

You have seen the charts of how our federal debt has risen as inflation rose and value of the dollar tumbled. As this happened, China rose to become a world leader in production, even though when I was there, the air was almost unfit to breathe and has only gotten worse since 2003. Now they are falling behind as they made some of the same mistakes that has ruined most other countries as they went on building sprees in moving farmers off the land where they exited to the sprawling cities where they work at low wages and have become consumers now, to the extent that soon China might say "No" to further lending as the value of their dollar holdings have slipped about a half of their trillion dollar value.
 
So the big trouble to the United States will be the day when lenders or buyers of our bonds say NO MORE. And there will be no funds to pay our bills that involve almost half of the income to the citizens. This, along with about a half trillion dollars in interest due on our debt.

With no money to wage our wars, our troops will have to bring our equipment home or leave it to waste where it is. When the payment of social programs here also are cut to a bare minimum, perhaps we will lose part of our liberty as the troops will be used to keep the peace here at home as demonstrations and riots rise.

Didn't Gen. MacArthur have to do that when WWI Veterans demonstrated in Washington? It can happen. Our citizens are ahead of the planners. In one year from Oct. 8 to Oct. 09, I remember reading that our civilian population of
about 300 million people bought more than 2 billion rounds of ammunition and sales have stayed high since. Sounds to me like with probably 10 rounds for each citizen, people have been getting ready for home action.

I have seen a lot in my life.  This is similar to my here. I try to show you what I see and feel. That is more than any other political figure will say or do.

What do you think?