Stalin
Well-Known Member
- Joined
- Apr 4, 2008
- Messages
- 2,318
A voice in the wilderness from the sanest man in the US
"...The permanent war economy, implanted since the end of World War II, has destroyed the private economy, bankrupted the nation, and squandered trillions of dollars of taxpayer money. The monopolization of capital by the military has driven the U.S. debt to $30 trillion, $6 trillion more than the U.S. GDP of $24 trillion. Servicing this debt costs $300 billion a year.
...
We are paying a heavy social, political, and economic cost for our militarism. Washington watches passively as the U.S. rots, morally, politically, economically, and physically, while China, Russia, Saudi Arabia, India, and other countries extract themselves from the tyranny of the U.S. dollar and the international Society for Worldwide Interbank Financial Telecommunication (SWIFT), a messaging network banks and other financial institutions use to send and receive information, such as money transfer instructions.
Once the U.S. dollar is no longer the world’s reserve currency, once there is an alternative to SWIFT, it will precipitate an internal economic collapse. It will force the immediate contraction of the U.S. empire shuttering most of its nearly 800 overseas military installations. It will signal the death of Pax Americana..."
All discussion warmly welcomed
Comrade Stalin
Fighting Imperialism and the NATO merchants of death on the Donbass Front
Chris Hedges - Wikipedia
en.wikipedia.org
"...The permanent war economy, implanted since the end of World War II, has destroyed the private economy, bankrupted the nation, and squandered trillions of dollars of taxpayer money. The monopolization of capital by the military has driven the U.S. debt to $30 trillion, $6 trillion more than the U.S. GDP of $24 trillion. Servicing this debt costs $300 billion a year.
...
We are paying a heavy social, political, and economic cost for our militarism. Washington watches passively as the U.S. rots, morally, politically, economically, and physically, while China, Russia, Saudi Arabia, India, and other countries extract themselves from the tyranny of the U.S. dollar and the international Society for Worldwide Interbank Financial Telecommunication (SWIFT), a messaging network banks and other financial institutions use to send and receive information, such as money transfer instructions.
Once the U.S. dollar is no longer the world’s reserve currency, once there is an alternative to SWIFT, it will precipitate an internal economic collapse. It will force the immediate contraction of the U.S. empire shuttering most of its nearly 800 overseas military installations. It will signal the death of Pax Americana..."
Chris Hedges: No Way Out But War
Permanent war has cannibalized the country. It has created a social, political, and economic morass. Each new military debacle is another nail in the coffin of Pax Americana. By Chris Hedges ScheerPost.com The United States, as the near unanimous vote to provide nearly $40 bil
consortiumnews.com
All discussion warmly welcomed
Comrade Stalin
Fighting Imperialism and the NATO merchants of death on the Donbass Front