Comments by "Harry Mills" (@harrymills2770) on "Geopolitical Economy Report"
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@janrozsypal7079 You describe a house of cards. Petrodollar keeps the dollar propped up no matter HOW poorly the U.S. government manages its fiscal house, no matter HOW the federal government hollows out the industrial base. But you can only borrow so long before the bill comes due and USA is upside-down on its debt:GDP.
American bullying is bad enough, but when its economic foundations are rotten AND it's a bully, the rest of the world is forced to go its own way.
The U.S. Government is incapable of balancing its budget in peacetime. It is doomed. It will have to pull in its horns, die back, or have its horns amputated by foreign countries.
If USA stuck to its original principles, the globalist utopia would just sort of happen, organically, as nations around the world governed more lightly, just to keep up. Just to emulate the clearly most successful combo of liberty and self-responsibility. But those in government always see themselves as the New Aristocrats. What are the Old Aristocrats? They're the first bureaucrats (and warlords) to put on airs due to their inordinate and temporary position of power, thinking that made them special, and seeking to make it permanent, down through the generations. It's all quite mundane, with sordid and unsavory beginnings that self-styled bluebloods always back-fill as a larger-than-life legacy handed down by giants.
Nothing changes. The USA was an eyeblink exception. We could get back to that, except now almost half the people have a vested interest in perpetuating and growing the corruption and rot, and it's the half containing those who swarmed into government, for the power and prestige. Nothing changes. Just the language.
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@GIDSKID100 America is based on supreme distrust of government power. The people have voted for more government power, out of fear, ignorance, and sheer laziness. That government is best which governs least. Ours used to be that, but from the beginning, the elites have always sought to restore the old, aristocratic forms, usually thru fear and state-serving ideology, especially since the central government took over education, health, and the press.
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