Replies

The coming collapse of the USA was pre-ordained way before the health-care bill was signed. That's why I don't get my panties in wad - it will become evident to all that health care was a complete non-event compared to the looming debt-deflation implosion.

We are going to default on the debt - either through outright repudiation or hyper-inflation. Given the total force of deflation occurring right now, hyper-inflation would require the US gov't itself issuing unbacked greenbacks.

Either way, I just don't see the fed.gov surviving for the very simple reason that there won't be enough economic output to support the military. Right now, the warfare state goes along with the welfare state because it pays the bills.

However, when it becomes evident that there isn't going to be sufficient funds forthcoming, the DoD will have to make their move. The nice thing is they do have a clause about enemies, foreign & domestic.

The big question is whether or not the military leadership would be smart enough to get out of the way and let the state's resume 99% of the governance (with DoD providing nat'l security) or would they try and go hog?

If they did that, then we'd have a long insurgency, one in which it's hard to imagine the military coming out on top. So, in the end, I think they'll be smart and let the whole thing quickly devolve to the states except for maintaining an adequate external force.

Of course, this means that all troops come home - no more forward bases nor perpetual wars. No matter how it turns out, it's definitely gonna be interesting!