05_never_again
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- Aug 28, 2006
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It all boils down to the fact that the United States has immense geopolitical advantages that no other country, past or present, has even come close to having. The country hit a genetic lottery of sorts once it was able to control all of the territory of what eventually became the lower 48 states.
It almost impossible to screw up those advantages; it almost has to be done intentionally. The country is going to be fine but there will be ebb and flow, and if there is some sort of collapse the rest of the world will be even more screwed up than we are.
The biggest problem facing this country is a financial one; it is not terrorism, or global warming, or anything else. The government is a health insurance, pensions, and security (military) company and it cannot pay for the first two of those in their current formats. One of the most under-reported but startling facts is that the United States would have a full-blown debt and currency crisis if interest rates simply returned to normalized levels (i.e., what they were 10 years ago).
I have absolutely zero confidence this will be solved before a crisis situation forces them to, and that will be very painful.
It almost impossible to screw up those advantages; it almost has to be done intentionally. The country is going to be fine but there will be ebb and flow, and if there is some sort of collapse the rest of the world will be even more screwed up than we are.
The biggest problem facing this country is a financial one; it is not terrorism, or global warming, or anything else. The government is a health insurance, pensions, and security (military) company and it cannot pay for the first two of those in their current formats. One of the most under-reported but startling facts is that the United States would have a full-blown debt and currency crisis if interest rates simply returned to normalized levels (i.e., what they were 10 years ago).
I have absolutely zero confidence this will be solved before a crisis situation forces them to, and that will be very painful.