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Yobbo Profile
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Registered: 11-2008
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Is the American Empire on the Verge of Collapse?


If it is, it is the mad spending by the Military.

Of all the enemies to public liberty war is, perhaps, the most to be dreaded because it comprises and develops the germ of every other. War is the parent of armies; from these proceed debts and taxes… known instruments for bringing the many under the domination of the few.… No nation could preserve its freedom in the midst of continual warfare. — James Madison
There are enemies of the US who envisage its downfall by removing the $US as the default financial system.

This article examines just how perilous is the US's financial position because of military spending.
4/16/2017, 8:47 am Link to this post PM Yobbo
 
Rigby5 Profile
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Re: Is the American Empire on the Verge of Collapse?


Going into debt over military is very dangerous, not only because it has the risk of not being possible to repay, but because the inequity it causes can lead to extreme social unrest as well as external animosity.
4/16/2017, 4:19 pm Link to this post PM Rigby5
 
Yobbo Profile
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Re: Is the American Empire on the Verge of Collapse?


There is a growing desire in the rest of the world to abandon the $US as the unit of financial exchange.
If or when this did happen the US empire would collapse remarkably quickly.
4/18/2017, 8:20 pm Link to this post PM Yobbo
 


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