AreteCourage
Well-known member
- Joined
- Apr 10, 2012
- Messages
- 790
- Reaction score
- 528
- Gender
- Male
- Political Leaning
- Libertarian
I think so for one reason.
We are hemorrhaging money that we don't have. Other countries have already begun to see this, and are trying to trade outside the dollar. The only thing keeping our economy afloat is that the dollar maintains the "World Reserve" status. As more and more countries attempt to get off the dollar...that will change. Reality is that we can't attack every country who attempts it, but "damn it we'll try" seems to be the notion.
We have to make tough choices and cut back tremendously or we will fall. Our currency will collapse, and the rest will be like dominoes.
The Soviet Union fell the same way. They overspent and imploded. We are on that path.
We are hemorrhaging money that we don't have. Other countries have already begun to see this, and are trying to trade outside the dollar. The only thing keeping our economy afloat is that the dollar maintains the "World Reserve" status. As more and more countries attempt to get off the dollar...that will change. Reality is that we can't attack every country who attempts it, but "damn it we'll try" seems to be the notion.
We have to make tough choices and cut back tremendously or we will fall. Our currency will collapse, and the rest will be like dominoes.
The Soviet Union fell the same way. They overspent and imploded. We are on that path.