[Rummyfan]

...A senior trader, played by Paul Bettany, gives a speech justifying the firm’s legerdemain in the housing market. At one point he says (slightly edited),

People want to live like this in their cars and big f—- houses they can’t even pay for. The only reason that they all get to continue living like kings is because we got our fingers on the scales in their favor. I take my hand off and then the whole world gets really f—- fair really f—- quickly and nobody actually wants that. They say they do, but they don’t. They want what we have to give them but they also want to play innocent and pretend they have no idea where it came from.

Applying this speech to the current situation: since the end of World War II, America has been underwriting the rest of the world, putting our hand on the scales in their favor.

The world is about to get really fair, very fast.

[central_va]

U.S. share($36 trillion) of world public debt($102 trillion): 35%

[Mouton]

Every time I see US military spending verses rest of world I wonder what the rate would be if the commie countries and the rags were paying their military what we pay ours. As they say, the devil is in the details.

[sauropod]

Bkmk