Comments by "Kora Na" (@korana6308) on "Sean Foo"
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The problem with military spending, is that it's practically throwing your money into thin air, or just burning it. As the end product of the defense sector never reaches the consumer market. So there's only ever a reason increasing your military spending IF you are going to gain something in the end, which is worth more than what you will spend on your military. The problem for the US is that that money is practically wasted for them, whilst for Russia, they are gaining and annexing actual territory and resources, and more importantly working force (millions of people). The US only hope at this point is that something will be left out of Ukraine in the end, and even that is arguably not going to be substantial... IMO they should have pulled out immediately after 1 year, as they realized that they couldn't break Russia through Ukraine. At this point the US is stuck between a rock and a hard place. They can't pull out because of how much they'd invested in it. But also can't win... It's a win win for Putin.
Perhaps they are wanting to get to the scenario of a separated Kiev , like Western and Eastern Berlin after the WW2. But I don't see how Putin would ever agree to that. Either way, they would have to lift all of the sanctions to even being the talks with Putin. And as I said, it's a win win for Putin either way. As Russia win the war of attrition in the end anyway.
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Thanks Sean as always.👍👍
13:19 I think it might not be "just another banking crisis" but rather the whole economy of the US and the US Dollar would collapse. People also forget that China considers Taiwan as a part of China, so you have to also consider the potential of those US treasury bonds. In total, if I understand it correctly, there are about 1,5 trillion US treasury bonds connected and associated with China. If China dumps it all , all at once, then the US economy will collapse, I seriously don't understand how they can survive this. In fact all of the actual free world ( 7 billion people in total) might follow the suit and dump the US Treasury bonds and ditch the dollar. So the US would only end up with a "golden billion" of people zone which is AUKUS - USA , Canada, EU (europe) ,UK, Japan, Australia, New Zealand (perhaps Singapore and S. Korea too). I don't see how they would survive this surge at all at this point.
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