China has sent us a very loud warning. If we default on our many billions in debts to China, there will be a blinding, hideous retaliation. I expected this would happen after the Olympics closed with China taking the lion's share of gold medals. We look back to a year ago to see how this present banking collapse was proceeding last August. And we look at August, 1930. Similar situation! Not unexpectedly. The US empire is bankrupt. Biden was chosen to herd Obama into office. Biden's son is a credit card lobbyist. Arrest everyone. The Bushese are even more corrupt: they are owned by the Chinese and Saudis. Today is a grim day after a grim year. The US empire is dead but still rolls onwards due to inertia and fear.