posted on Oct, 13 2007 @ 05:22 AM
This is getting a little scary.
I mean, the bragging rights are nice 'n I don't believe we'll get hit too hard via trade, but if the US economy tanks out... well... things are
going to get "interesting".
Based on history there are a few possible scenarios.
Scenario 1. Humble USA, grateful world.
The US Dollar reaches so low that it decides to begin to sell off as much of its extrenuous technology as possible, the easiest to sell will be
Military tech but social technology goes well.
The world buys these, the weaponary and military balance of power shifts away from the US, and hopefully everyone leaves alittle wiser.
Scenario 2. Independant USA, hateful world.
Based on the actions of Post WW1 Germany. The US dollar will reach so low that the US closes its doors to import and export and the International
market. The Dollar gets shifted to a fixed price and the US works its ass off (alot like the 1930s under Roosevelt) to get prices back to managable
levels and get confidence back into the system.
The problem with this is that indepenance from the world creates bad feelings for both inside and outside the fence. If the US manages to get out of
its economic problems it would come out Xenophobic facing a distrusting world.
When the International buyers and sellers refuse to sell and buy from the US (and US refuses to buy and sell "America for the Americans"[1920's
isolationism policies]) America will look to force to try and take what it needs (1939, Nazis invade poland after bad feelings and economic recession
create bad feelings and the need for action)
Scenario 3. Humble USA, hateful world.
This is less likely than people like to think because the politics would earn any party involved basically a black mark in world politics.
The US declares itself to be a failing economy and begins to sell off its extrenuous technology and military tech. Another power buys up US weapons
and technology, forces its allies to close of trading with the US and then attack with force. Probably winning, since the US cannot afford to fight
any kind of prolonged war.
The problem with this scenario is that any force willing to attack the US in its time of weakness will probably lose any allies it has and make itself
an enemy of the world. After a fight with the (weakened, but still dangerous) US , i dont think any power would be able to survive such a reputation
in world politics.
These are just some thoughts, take them how you will.