09-17-2017, 12:21 PM
(09-16-2017, 07:43 PM)Kinser79 Wrote:(09-16-2017, 02:03 PM)Warren Dew Wrote:(09-15-2017, 07:43 PM)Kinser79 Wrote: Interesting but the video needs details. I think the decline of the US is tied directly to this following issue:
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.
Nobody can address everything.
Quote:I personally blame his format and the fact that he's an American Expat in Japan.
Irrelevant.
Quote:As to the dichotomy 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.
Remember -- a dollar is government debt. That is how you are paid your wages or salary. That is what you accept as a business owner or offer as exchange. When the petrodollars come back to America we will have instant inflation for which we will be ill-prepared. The money supply expands with no increase in productivity.
Quote: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.
People are also using US dollars to buy Chinese-made wares. A sudden increase in unwelcome cash that most likely goes first to economic elites will cause prices to rise sharply for us all.
The ideal subject of totalitarian rule is not the convinced Nazi or the dedicated Communist but instead the people for whom the distinction between fact and fiction, true and false, no longer exists -- Hannah Arendt.