Let's be objective about "shit-hole" countries, shall we? No nation on this planet has more phucking debt than the USA; it makes the USA ... the most disgraceful, shit-hole country on the planet throughout mankind's known history.
Let's be objective about "shit-hole" countries, shall we? No nation on this planet has more phucking debt than the USA; it makes the USA ... the most disgraceful, shit-hole country on the planet throughout mankind's known history.
This merely demonstrates how dumb you are.
We have made ourselves the indispensable country that is Too Big To Fail. At least, during the present balance of power within the international community and competing economies. We maintain trade routes and safe sea lanes. We make world commerce possible. We are its biggest markets. We have keystone economic and diplomatic relations with every major country. And we have few rivals of any significance. We are the world's only real military superpower. We are the biggest energy producers in the world. The list is quite long.
In short, we are the Indispensable Country on planet Earth. I never like the claims of American exceptionalism as such talk always smacks a bit of the old manifest destiny doctrine.
We are pretty determined and pretty well-positioned to maintain our position as the Indispensable Country. And we're better at it than the British Empire ever was. They made a lot of mistakes.
We are, as we have always been, eager to diminish debt through inflation, primarily to benefit businesses large and small but also generally to the benefit of homeowners and those with considerable consumer debt.
So, don't worry quite so much about American debt.
America's run as the dominant world empire will continue for decades, perhaps even a century more. In the end, it is more likely that we will simply tire of empire rather than any other country taking the central role from us. I could imagine America retreating somewhat from the world around 2040-2050 and China becoming a dominant world empire to take up the slack. I don't really see Russia having the capacity to overcome its internal problems, let alone become a true global power again.
Anyway, I enjoyed PJW's little rant. He was having some fun dishing it out, especially on the Xlinton's robbery of Haiti. They really do hate the Xlintons down there.
Don't toot your all-mighty dollar to me, that makes America GREAT. It is collapsing world-wide.
In your dreams.
Always remember: we don't have to be all that good. We just have to be better than any likely coalition of our rivals. By that measure, America is very strong.
Why the rise of world wide crypto-currencies, then?
It's called a "honey pot". Crypto-currencies allow the CIA, Surete, MI-5, Mossad, etc., to keep their hands on the controls of the money flow for existentially threatening crimes, while permitting common crime to proceed unimpeded as a mask for their control over them.
Nations cannot directly let drug lords launder money because drug lords do bad things and lots of people die. But they're not existential threats. The money channels that drug traffickers use are also used by people who want to put nerve gas in the subway systems - and it's important to stop THEM.
So therefore governments have created, with plausible deniability, a means by which criminals can conduct criminal transactions with impunity - but not without monitoring and tracing. We let the drug traffickers do their thing, and the human traffickers, so as to be able to detect the nuclear weapon and nerve gas traffickers.
And we never prosecute those people - our agents go out and kill them, and nobody is the wiser.
Of course, having the hands around the money flow means that the drug and human traffickers can be forced to pay their tribute as well - but not directly through the cryptocurrencies.
Bitcoin is a honey pot. Do you REALLY believe that the US, France, the UK, Israel, Russia, China, Japan and South Korea, and Germany, just let a whole new currency develop independently, and can't control it?
You can't possibly believe that. It would be INSANE.
China is very unsettled by bitcoin, because some of those activities that the rest of the world tolerate being funded through it get right to the marrow of control in a country that doesn't really face terrorism, but where control of everything is paramount, so the Chinese world may be the one that wrecks Bitcoin, et al, for their own national sovereignty reasons. We and our allies SET IT UP to be the honey pot that it, in fact, is.
Really, if you just think about it, you know this. It's OBVIOUS.