2 Comments
User's avatar
⭠ Return to thread
Roger Beal's avatar

I wrote this comment to Erick Erickson's sorta-conservative column today. It fits here equally well:

[Erick said] "Our costs would go up more. Our interest rates would go up more. The foreign exchange rates from which we benefit would increase. Our freedom would decline."

If our nation continues its feckless policy of foreign interventionism, picking winners and losers, supporting alliances which should be allowed to expire on their own, the growth of BRICS and the end of the petrodollar's sovereignty will accomplish every point Erick made in that quote. Global leadership is earned, not demanded, not assumed. As in all secular enterprises, the position of global leadership depends on merit, not on entitlement.

If anyone can convince me that America is currently setting a moral and righteous example worthy of emulation by other nations, I'd like to hear your explanation of how promoting deviancy, self-absorption, rampant secularism, and profligate squandering of human and natural resources will attract other nations' people to "the American way of life".

Expand full comment
daverkb's avatar

I spent a lot of time this week-end surveying the political/economic, business and banking dynamics prime moving. We are in a debt trap, one of our own lunatic making. And with certainty, America and its tawdry empire are rip for a fall. The smart money sees this all and is loading up on real money without liability, gold and silver.

The LBME and the COMEX, and I dare say the Fed, have lost control. The gig is up. And the spectacle following the Ukraine package seconds dire prognostications. The world sees it all.

Expand full comment