Comments by "boz" (@BOZ_11) on "Dialogue Works"
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Mr Orlov (since economics is not his forte) should learn that any truly sovereign nation (Euro currency carriers are not, by definition) can spend fiscally, without issuing a single treasury security. This idea that they can run out of money (when it's printed out of thin air) is entirely absurd. Moreover, since there are more dollars outside of the USA than within, this international dollar market soaks up what would cause price inflation domestically. If the dollars are abroad, they can't cause inflation at home. A very privileged position. What they will run out of (if they haven't already) is political currency, political sway; without this, US decline is inevitable, especially with the large international efforts to de-dollarize. 50 years from now the dollar will still be the most traded currency, but it's volumes (and therefore importance) will subside greatly.
Asia was always the cultural and economic hub of the world, and it will re-take its natural position.
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@sva9550 Turkey has been in NATO since 1952, (the first round after the founders), and that made no difference to EU accession, so I see no reason why it would be different for Bulgaria, whose accession is even more questionable given they're militarily weak and 25 places below Turkey on the HDI (economic index)
In any case, both EU and NATO are in decline and on the way to dissolution; whether that's 15 years or 40 years, they're both increasingly irrelevant, which is the only factor that makes his pining for Turkey to leave NATO logical, but I know that's not what he means.
I suspect he still thinks NATO is a special club, and doesn't want a middle eastern country inside it. Turkey leaving NATO would hasten NATO's demise, since forming a triumvirate with Russia and China (their Asian neighbours) suddenly looks advantageous. The west made the grave mistake of de-industrialising in order to suppress labor's power (outsourcing jobs to Asia) and the price is the end of their geopolitical dominance. Beautifully ironic
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