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| View Poll Results: ??? | |||
| MOLLE |
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5 | 27.78% |
| ILBE |
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1 | 5.56% |
| some shitty civilian option named below |
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3 | 16.67% |
| bush did that shit & you know it |
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9 | 50.00% |
| Multiple Choice Poll. Voters: 18. You may not vote on this poll | |||
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#1
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#2
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I'm confused as to how you're able to draw equivalencies between our distant past and the world's sole superpower/global hegemon. What do you visualize when you think of "societies" collapsing? I think you're referring to governments collapsing. Societies don't collapse-- they evolve. The Roman Empire fell, and a new regional order of decentralization came to the fore, giving rise to the nation-state and the conditions that allowed Europe to conquer the world.
I don't think the nature of power vacuums, our societal sense of law and order, and our global importance, all combined with the state of modernity really lends itself to your conception of "societal collapse." The global financial infrastructure relies on US debt, and the reliability of that debt (more than 1/3 of which is directly held by the US government itself). Nothing would possibly happen where the US government somehow defaults on its debt. That would send literally the entire planet into a tailspin of chaos. We're simply too important. We have the world under our nuclear umbrella. The dollar is the de facto global currency. Virtually every state on this planet relies heavily upon our financial assistance and military presence. The US at this juncture is unlike any other state in the history of the world, and for that reason, your premise and equivalencies just aren't applicable. | ||
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#3
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You also seem to ignore that Obama has overseen dramatic slashing of the budget deficit.
Remember S&P's bitching about our credit rating a while back, essentially saying that Tea Party Republicans are so obstructionist that S&P doubts Congress's ability to achieve a debt/deficit deal? Here's a headline from last month: "S&P says shrinking U.S. deficit boosts debt outlook" So, so many things would happen before, as you put it, "total societal collapse." Inflation is stable at ~2%, and has been for years. Hyperinflation is 20%+, I'd say. Bernanke actually said that a healthy inflation rate is a bit higher than the one we currently have. It would actually be more advantageous for the US government to achieve higher inflation rates, because the cost of our debt would shrink in real dollar terms. | ||
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#4
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Then you'll have a run on the dollar a it quickly turns into the paper it's not printed on
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#8
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Being a paranoid nutter seems like a great gig. Whenever you get called out on your theories you can just accuse everyone of being an unwitting sheep. Instant win, no cognitive dissonance.
But good luck with your tactical sack. You should put an advanced macroeconomics textbook in there so you can learn why everything you know about monetary policy is a myth next time you "bug out" to your pillow compound. And Obama is not worse or better than any other option, you just sound bigoted when you act like some other puppet would have been different. | ||
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#9
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It's not exactly outide the realm of possibilities, especially when your suggestion to pay the debt is to devalue the currency (although realistically the only way, hence collapse imminent)
Obama's gonna lshrink the debt np any day now | ||
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#10
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China (sneakily) devalued its currency and put massive amounts of cash into public works projects. All to compete with a resurgence of the dollar. They havr not been as well off as people think. They are the equivalent of 60s america at this point. japan devalued its currency to boost its commodity market after nuclear boom and tsunami combined with a decade of sluggish growth. Both of these worked well. take the german centirc slash austerity approach in europe. It has done nothing but extend a recession. They should be focusing on growth and development projects. Like money for Cyprus oil fields. at least we are finally seeing some news from spain. time and time again it has been proven to invest in your people and be responsible with growth projects and your country will thrive. Currency devaluation has...at least recently shown to help jumpstart stalling systems. manage your inflation rates dawg
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