BRICS should happen faster, please, and I say this as an American. Only when the world stops propping up the dollar as the leading reserve currency will the madness stop. The US will have to repudiate its debt, since it won't be able to inflate it away, try as it might, and it can never be paid back. Once they've defaulted, it's pretty much over. Meanwhile, there are 50 free and independent States in this so-called union and they should all start acting like it.
Well, they've seemingly tried, although I think the inflation we've seen to date is garden-variety government-growth-covering inflation and not the hyperinflation that would be necessary to cover the debt. The hyperinflation would necessarily lead to the crack-up boom. This won't happen as long as the Fed wants to pretend it has any political independence whatsoever.
The U.S. cannot dominate single handedly other big countries.
However the U.S. is and will remain a major country with a large economy and large population that is has proven to be willing to impoverish and suppress. Snowden already exposed they have the machinery in place to implement what’s needed to run a police state of expolited people.
Oh and they are already squeezing abd suppressing Europeans remotely. Richard Medhurst and Sarah Wilkerson on terrorism charges in the UK. Anti gencide and climate protesters imprisoned in the UK.
This is their road forward.
Also people have understood they are slowly building their version of the GDR-era anti-fascist wall. Except this will be a wall to keep out anti fascists.
USA won't be able to supply weapons for much longer...............already China is divesting from US dollar.
BRICS is happening.
BRICS should happen faster, please, and I say this as an American. Only when the world stops propping up the dollar as the leading reserve currency will the madness stop. The US will have to repudiate its debt, since it won't be able to inflate it away, try as it might, and it can never be paid back. Once they've defaulted, it's pretty much over. Meanwhile, there are 50 free and independent States in this so-called union and they should all start acting like it.
I read today that Japan is beginning to divest itself of US Treasury Bonds.
The world IS waking up.
Why can't they inflate it away?
Well, they've seemingly tried, although I think the inflation we've seen to date is garden-variety government-growth-covering inflation and not the hyperinflation that would be necessary to cover the debt. The hyperinflation would necessarily lead to the crack-up boom. This won't happen as long as the Fed wants to pretend it has any political independence whatsoever.
You’re oversimplifying.
The U.S. cannot dominate single handedly other big countries.
However the U.S. is and will remain a major country with a large economy and large population that is has proven to be willing to impoverish and suppress. Snowden already exposed they have the machinery in place to implement what’s needed to run a police state of expolited people.
Oh and they are already squeezing abd suppressing Europeans remotely. Richard Medhurst and Sarah Wilkerson on terrorism charges in the UK. Anti gencide and climate protesters imprisoned in the UK.
This is their road forward.
Also people have understood they are slowly building their version of the GDR-era anti-fascist wall. Except this will be a wall to keep out anti fascists.
More like keeping the tax-slaves INSIDE the walls.
Americans are being exterminated as well.
Do hope so JennyStokes.