yeah its not the end of the world. US economic structure will become similar to other high debt laden countries, and their stock markets do go up.
the problem arises when the purposefully bad economic policies, lead to debt servicing difficulties. Meaning higher 10 year bond rates, since foreign buyers will shun our debt.
this war has consumed and looted the american treasury. It enriched GOP linked affiliates, Halliburton, oil companies and defense companies. It enriched Russia and is beneficial in that our wealth is leading to russian reconstruction.
otherwise russia would become a cornered animal, with no way out. Notice how the russian threat is being brought back on purpose to stem the decline of the dollar.
some policy makers might have thought the war on terrorism would benefit the dollar, but its the exact opposite. A unseen enemey diffused througout the globe, is not the same as a multimillion man army at the borders.
Russia again will become the gun pointed at Europe. To unsettle the Europeans and protect American interests globally. To battle this, the Europeans would have raise their own armies and increase defense spending to similar US standards and destroy the fundamental picture of the EURO currency.
the problem arises when the purposefully bad economic policies, lead to debt servicing difficulties. Meaning higher 10 year bond rates, since foreign buyers will shun our debt.
this war has consumed and looted the american treasury. It enriched GOP linked affiliates, Halliburton, oil companies and defense companies. It enriched Russia and is beneficial in that our wealth is leading to russian reconstruction.
otherwise russia would become a cornered animal, with no way out. Notice how the russian threat is being brought back on purpose to stem the decline of the dollar.
some policy makers might have thought the war on terrorism would benefit the dollar, but its the exact opposite. A unseen enemey diffused througout the globe, is not the same as a multimillion man army at the borders.
Russia again will become the gun pointed at Europe. To unsettle the Europeans and protect American interests globally. To battle this, the Europeans would have raise their own armies and increase defense spending to similar US standards and destroy the fundamental picture of the EURO currency.
