Is the writing on the wall for the USA?
Debt ceiling raised, but no structural issues solved - http://www.crikey.com.au/2011/08/01/rundle-debt-deal-the-ideal-compromise-it-pleases-no-one/
S&P downgrades US debt - http://edition.cnn.com/2011/BUSINESS/08/05/global.economy/index.html
Afghan war costs now outpace Iraq's - http://www.usatoday.com/news/military/2010-05-12-afghan_N.htm
US maintains over 1000 foreign military bases - http://monthlyreview.org/2002/03/01/u-s-military-bases-and-empire
The USA has been such a symbol for freedom over the years, but where to from here?
Is this the beginning of the end, or the end of the beginning, or something else entirely?
Personally, I feel that the USA has spent itself into collapse, imitating the USSR just 22 years later. The economy will fade, the empire will go, but the cultural influence will remain through entertainment, media and technology.
But that is my view from afar, I would love to hear from those on the ground.
ylop
Debt ceiling raised, but no structural issues solved - http://www.crikey.com.au/2011/08/01/rundle-debt-deal-the-ideal-compromise-it-pleases-no-one/
S&P downgrades US debt - http://edition.cnn.com/2011/BUSINESS/08/05/global.economy/index.html
Afghan war costs now outpace Iraq's - http://www.usatoday.com/news/military/2010-05-12-afghan_N.htm
US maintains over 1000 foreign military bases - http://monthlyreview.org/2002/03/01/u-s-military-bases-and-empire
The USA has been such a symbol for freedom over the years, but where to from here?
Is this the beginning of the end, or the end of the beginning, or something else entirely?
Personally, I feel that the USA has spent itself into collapse, imitating the USSR just 22 years later. The economy will fade, the empire will go, but the cultural influence will remain through entertainment, media and technology.
But that is my view from afar, I would love to hear from those on the ground.
ylop