“...as the world’s reserve currency issuer changes, there could be a dramatic decline in our standard of living.”
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As I see it there already has been, “a dramatic decline in our standard of living.” Maybe the good doctor deliberately understates the situation to avoid sounding like an alarmist.
The GOP should run an all black slate for president/vp. Dr. Carson, Dr. Sowell, Dr. Walter Williams. Pick 'em.
I have no doubt that at a strategic moment, he will exploit our weakness.
Anyone can do this to the US... The virtual invasion (in the traditional sense) of our borders is not at all necessary for our enemies to overwhelm us.
So much wealth is exposed through the vast and porous electronic financial network, that our enemies may easily de stabilize our economy.
That is has not been done YET only means that we have no enemy with BOTH the ability to do this AND so little stake in the game that the consequences would hardly alter their OWN situation.
There was a time when what was good for the US was good for the rest of the world.... and what was bad for the US was bad for everyone else, too!
Not any more... THANKS O!!!
” - - - We still have the power to craft a better future, but urgency grows - - - “
in direct proportion to the National (Poverty) Debt.
This is why the media hates conservatives and Christians.
Unneccesary spending is the media’s lifeblood. If people don’t borrow and spend the media goes hungry.
Right now the government is doing the borrowing and spending that the people won’t or can’t do and the media profits are good!