34 Comments

Tough assessment, but fair :)

https://www.youtube.com/watch?v=bjRsYk00tGE

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Karma is a Bitch, as the saying goes. It's long overdue.

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I'm not sure if my first try made it Marat - my Unz Review comment today:

Trumps too old, fat and lazy , among other things, to even try and pull off Vladimir Putin’s 180, when he pulled Russia out from the Western Jaws and started to rebuild the new Russia. It would take many a super Men in order to pull the USA out of the Khazarian Mafia alone, much less the Military and Intel Agencies that are now run by Mossad and the ” Corporations”. Plus , the Russians as a society, had 10 x s more unity and a uni soviet based culture and their history gave them much needed strength. The USA has none of these anymore since they were geo-engineered not to. So, other than a flag hangin out on the front porch, the odds are greatly stacked against the Old Americans. Americans are on their own now. What a Shame

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STINKY, STICKY SH*T. What an absolute mess the US is in, which it wants to export to the rest of the world at large !!!

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Fortress America.

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Well...a few days later and we can see he learned nothing from the debacle of his first administration. He talks, so far, like he really is just going to repeat Biden's lunacy-driven policies.

Trump apparently thinks he's going to dictate terms to Russia! He's an ignorant fool. He thinks that he can unilaterally declare a ceasefire and then order in European troops to keep the peace in a DMZ while the West re-arms Ukraine. Trump is full of monkey shit!

He ain't gonna save us. Nobody can save us. Batten the hatches, bar the doors, keep yer powder dry. We're in for the real horrorshow.

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Trump has gone bankrupt before I'm sure, so he knows a thing or two about that. The great Donald Default should come as no surprise then. And sure hey, why not give Default a try, nothing to lose really, just virtual wealth!

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Trump will never deal with the budget cause the US of A will never pay of it's debt. Why should we believe this number anyway. I think the ruling class want an economic depression to recreate a new World Order with their like minded Western vassals just like after WW2. They know full well the empire is in decline and probably on its last legs. The only question that arises is will they go down quietly or try to take everyone down. They will never nationalise any of their natural monoplies like heathcare, defence,housing or education as it goes against the BS economics of Capitalism that you can have constant growth in a world that has finite resources. Just a thought : The US may go to war or plunge the world into an economic depression just to achieve their evil objective as they believe in their omnipotent supremacy.

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"Currently, debt servicing costs a trillion dollars per year, and by the end of Trump's administration (in four years), this figure could rise to one and a half trillion"

“Once we squeeze all we can out of the United States, it can dry up and blow away.”—Netanyahu

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Here's how it can be 'fixed':

Close all foreign bases.

Shutter the "Professional Army" and go back to defence militias as in the US Constitution.

Slap on a maximum wage, and apply that also to capital gains - tax can be avoided by transferring shares to the actual workforce.

Raise the minimum wage to $30 to raise local tax revenues.

Remove the long-term copyright and patents law, reverse it at least back to the 50s level.

Nationalise the health & pharmaceutical industries, and create a single-payer NHS.

Nationalise the arms industry, fire 90% of the execs, immediately scrap the high tech junk like the F35 program.

Nationalise the energy sector, and subsidise US-built solar panels for every home, and other cheap local community-owned energy production.

Immediately end ALL sanctions, incl on Swift. Apologise to a whole bunch of countries, and pray they don't demand reparations for this act of war against them.

This would stabilise the budget deficit, boost the real world economy and creative industries, increase the number of co-ops (Thereby raising incomes), slash the billionaire numbers dramatically (and thereby reduce political corruption), cut costs and increase revenues.

I have more chance to win a lottery I haven't even bought a ticket for than any of this be done, under Trump or any realistic candidate.

So its Plan B - Crash and Burn, Baby.

The 5 eyes will be right there with you, as we immolate like Aaron Bushnell - but for a far less noble cause.

Fingers crossed China avoids the same Imperial fate, and maintains the close alliance with Russia/Eurasia even after the leaders of both change.

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Let's have it. Makes sense.

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Would be nice, wouldn't it?

I helped indirectly on both Corbyn and Bernie's runs, so I have a good idea of just how impossible such a program would be, and yet how necessary to avoid disaster.

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Trump can't do the nescessary, the string of bankruptcies, failures and investor losses prove he couldn't even run the finance related portions of his own businesses properly (or profitably for anyone but HIMSELF, he has always been a semi-legal conman + money launderer, it is his whole business model).

Who might Trump HIRE to deal with the USA's pear shaped finance/foreign policy situation?

Someone a little more innovative and intelligent than, say, Janet Yellen?!

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thanks... i especially liked this line - "The parallel between the US economy and a heavy drug addict is complete." the only question left is - does the addict kick the habit, or die before?? tough call!!

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(Clinton, Bush, Obama, Biden), which will probably go down in history as the Big Four idiots who squandered a great inheritance,

Indeed it goes a long way back.

The big error is Ukraine was not being a bully and using Ukraine as a proxy. It was not taking on a much invigorated Russia militarily and China Economically.

It was not understanding just how weak USA had become. Or rather in understanding, it could not try to deny it by trying to disprove the facts.

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It really goes back to Nixon administration, IMHO. It became apparent to those not blinded by a need to go along that everything had turned to plastic and bullshit by the end of the Reagan administration(s).

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Just finished a book called End of Empire by Emmanuel Todd.

Published in ... ... 2002

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Damn - I paid £10 for a 2nd hand copy. (I'd happily have paid the author for it - writing that in 2002 was prescient)

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I believe the author has taken some license with a few of his numbers in this article.

To be sure however, his contentions are certainly on the mark.

However, the actual total US national debt is around 34 trillion+ dollars according to the St. Louis Federal Reserve (https://fred.stlouisfed.org/series/GFDEBTN/).

Thus, stating that total domestic program debt is in excess of 77 trillion dollars appears to be rather high.

Nonetheless, I agree that President Elect Trump will have to deal with this terrible situation one way or another before it deals with him...

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Do you have any idea the size of business debts & public debt in America? It dwarfs the national debts. If anything his wording is wrong. Anetican debt is way higher than the national debt alone. He was including the money that is owed in pensions, medical insurances & the like to ex gov employees. Military, gov agencies & all of those areas. You need to look into the biggest employer in America. It's the US gov with over twice as many as the next nearest one. Which is Walmart by the way. None of these people are earning money for America. Theyre costing America an absolute fortune. They earn very good salaries. 90% aren't needed & do nothing whatsoever. I'm not even an American but seems I know about American finances than your very optimistic self.

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The personal debt in the United States is approximately 14 trillion dollars. The only real debt problems the US is the debt owed to foreign investors. The rest can be paid off with our own currency, which good economists such as Michael Hudson have explained...

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"Remember Kissinger: "In the triangle of China, Russia, and the USA, the first two cannot unite. Otherwise, America is screwed. Biden did exactly that - united Russia and China."

This is the core reality of today's geopolitics. This is why US Imperialism was ridiculously in denial for a year after China stated its "no limits" partnership with Russia. The lunatics that have run the US into the ground, seriously believed, despite evidence like a brick in the face, that China would support Ukraine against Russia! To me, that is the strongest item of evidence that US imperialism is finished, totally bankrupt.

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