You don’t get it. We just have to suck slightly less then everyone else.
Precisely.
That is the most succinct, brilliant description of geopolitics I have ever heard. I mean it! =)
It is all relative isn’t it? We owe a lot but others owe more... China owes 300% of GDP?... etc.
I remember a deal a company I worked for got tangled in. Short story, I was one of the three that went to confront the offending party with his fraud and debt. He had a nice office full of Western art. He was jovial, he knew what was coming. When the team lead spilled the deal the guy reared back in his chair and said, “Boys, you got me dead to rights but I”m flat asses broke!”
The team lead, a very naive fellow, retreated and we said our good-byes and went to lunch. He was dumbfounded. “What do we do?” he said. After an appropriate silence I said, “Nothing. We go home.”
What happens when a nation can’t pay its debts? Nothing, you go home. The currency collapses... relative to what? The other more valuable currencies and the game goes on?
You must be a republican; that's been their campaign platform for years. ;)
“You don’t get it. We just have to suck slightly less then everyone else.’
there’s a part of me that believes that. because really, what possibilities are there...
politicians are so evil, they only want to stay in power, even though they know the whole thing collapses.
they know we do suck less, and the world parks its money with us.
and, the scariest, soros or some other secret powers want to bring it all down, and they have for decades bought so many people off, and maybe have used asassinations, that nobody dares challenge them.
Ever thought of becoming an economist?
CA....