Quote:
Originally Posted by ubertuber
If the decline of the dollar relative to other currencies continued as far as you postulate... And if the maintenance of a certain size military pertained within that weakened economic world... Wouldn't that just make us the next Russia - with a large standing military we're unable to pay for and keep up, therefore making the US the next nightmare in terms of securing weapons, etc. that can no longer be maintained and controlled?
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Yes....it would, but I expect that the more likely reaction will be to lash out with an already degraded military, once the actual impact of the decline of the dollar prevents the government paying military contractors, or even the troops, with anything of signifigant value, at first....at countries that have large petroleum reserves, on the pretense of "securing" the "fields", but more realistically, securing acceptance of dollar payment at a "persuaded" price (as the US seems to be doing already.....), and then at anyone who gets in the way....China first, and then Russia.
Pre-emption with a centerpiece on forced disarmament, launched at the earliest possible date, is the high probability success option, IMO. If the outcome is that the US is the only remaining, nuclear power, even if the cost is the nuclear destruction of a few large US cities, in a worst case scenario,
either China or Russia would be annhialated under that scenario, and the US would have no competition that it does not choose to accept, and the advantage of a currency enhanced by the rehabilitated reputation of it's military supremacy.
There really is no other option....it is that bad.....now....just waiting for the other shoe, that a bankrupted government and a destroyed paper currency, in a world of two formidable and rapidly emerging rivals, will drop on us.
We've viewed the spectacle of the Soviet fleet rusting at it's Black Sea, North Sea, and Siberian ports, and we are a few devaluation shocks away from experiencing a similar fate. $3 trillion in new federal borrowing and $4 trillion in new trade imbalances in just the last half dozen years, brings us to this brink.