Originally posted by watcher3339
It will not fall.
There may be unrest. There may be transition. And the rest of the world may get very, very pissed by the time we have put our financial house in
order, but the U.S. and its actual economic position will not fall.
1. China, much to their dismay, can't afford for it to fall.
2. We feed the world. Cut our dollar. Jack up oil. Do whatever you must. And then watch our food export prices simply rise to the new occasion.
3. Despite the enacted policies of the last several decades the individualism of U.S. culture is far better suited to isolationism than it is to the
globalist "its a small world after all". We can feed ourselves. We can build shelter. Most Americans, yes even the elitist leftists who would
rather not admit it, don't REALLY care what the rest of the world thinks. We could default tomorrow and many would consider it finally being paid for
everything that has been placed on our shoulders over the past decades in terms of policing the world.
Don't get me wrong, I am not saying that Americans don't care about people around the world, as a people we are very caring and sharing, especially in
good times. It's just that we tend to be a home first kind of place. If things get really hairy we will just close the door, pull the shutters, and
wait for the storm to pass. And it will.
Your post is mostly wrong. The US government can't make 1 + 1 = 3 regardless of how much it wants to be #1. Anybody who has learned fractions can look
at the increasing ever-increasing fraction of money the government destroys and through basic math come to the conclusion the USA will default on its
debts. You can't wish your way into prosperity. The US is falling and will continue
to fall for as long as the two-party monster remains in
power. If you're voting for an (R) or a (D) then chances are you're voting for disaster.
You say "our dollar". Nope they are not your dollars... they belong to the Federal Reserve. Every note in circulation is due back several times over.
And if you actually burn or severely deface a US dollar you are considered a criminal because they aren't your dollars and you aren't allowed to treat
them as your property.
There is something that can replace the US dollar... and your right, its not the Yen, its value-backed currency. And that is exactly what will happen
over time. Some have said all of our economics gains have to do with our money system. Wrong, ALL of our economics gains in the past all of eternity
have to do with technology and innovation. Last time I checked, it wasn't bankers who discovered fire. Its like these people who credit the banks for
US economic success have never heard of electricity, computers.
The very biggest difference between the US and other countries is its foundations in the principles of liberty. However, at one point around the year
of 1970 the principles of slavery have been on a come-back while liberty takes a back seat. And gee what do you know... the middle class stopped
growing and the poverty class is increasing. Totally predictable. And its totally 100% predictable that as long as the spending to GDP ratio keeps
going up, the US will continue on a path to 2nd rate or even 3rd world status.
You say "we feed the world". Are you a farmer? Then you don't feed a single person. Farmers feed the world and you've got nothing to do with it...
don't take credit for things you don't do.
The idea that isolationist trade policies are beneficial is just plain stupid. Look at the facts. Web search "economic impact of trade barriers" or
some such thing... if you find any well-done study in support of trade isolationism, then make a new thread because you found something huge that
nobody looking at the facts (like me) has ever seen. I'd be happy
to supply you with the first five studies I find if you want to challenge me
on this point if its something you really want to know about.
"We can build shelter." No - construction workers can build shelter. Unless you are a construction worker, then you don't build shelter. And if you
were such a person, you can build a house for anybody you want to inside or outside the USA, in a free country.
"We can default tomorrow." No - The US government isn't "we" because America is not a Democracy. The USA is a corporate police Republic because of
policies like for example tight border controls (that always end up helping criminals and big corporations while hurting small companies). A low-cost
framework for civil lawsuits are all the corporate regulation we ever need in the USA for economic success. Police checkpoints to "check your papers"
are getting set up across America because they want to enforce those isolationist policies you like so much.
edit on 9-5-2011 by
civilchallenger because: (no reason given)