Signs of a Dying Empire

[Warren Dew]

(09-16-2017, 07:43 PM)Kinser79 Wrote:

(09-16-2017, 02:03 PM)Warren Dew Wrote: Pretty good video, but he misses the transition from industrial warfare to nuclear warfare.  We can have pax Americana or we can have a warring states period full of North Koreas.  I wonder which it will be.

Blackpidgeonspeaks is sometimes fairly shallow in his political analysis.  I personally blame his format and the fact that he's an American Expat in Japan.

As to the dichodomy of Pax Americana vs Neo-Warring States the debasement of the currency will eventually and inevitably lead to the abandonment of the USD as the currency that is used to buy oil (and by extension all other commodities) resulting in the end of Pax Americana.

His point is largely that Pax Americana is only possible because people desire American dollars to buy Saudi Oil--it isn't like goods are made in the US, well no I take that back my son did manage to find some shoes that are American made, they look like prison shower shoes (which they probably are) that people require dollars to buy.

The world is going to be moving away from oil in the next couple of decades, anyway.

Seems to me that if we control the seas, there ought to be some way for us to ensure dollars are used for the goods that travel over them.  I haven't thought about specifics, though.

Edit: the border adjustment tax would put us in position to get back into manufacturing on an even footing with Japan and Germany. I'm not sure that's happening, though.