We rose through WWII. We’ve not definitively won a war since then. We’ve been in “battles” and “skirmishes” and “operations,” but the word “war” is absent from the American lexicon.
“Fall” is a word with much finality. America won’t fall the same way the Roman empire did, but she will def. fail to ever live up to the standard she held pre-1940s. America is falling to European-style socialism. We will continue down this path without intervention by Constitutional conservatives in office.
I strongly disagree.
However it is now time to stop complaining, and take back the initiative, which we have (given) to Asia.
Asia is a lot of things, but magnanimous is not one of them. We must re-assert ourselves.
The U. S. A. must soon default on its debt and its non-debt obligations. The debt only because it will not be able to refund what it now owes. Note that the we never pay off debt, we borrow to pay what is coming due plus new cash. The Treasury announces an auction of Bills, Notes or Bonds, the amounts of which is greater than the Debt coming due for redemption the extra being new cash.
This game is coming to an end for a few reasons. An example would be dept investors begin to recognize that the U. S. A. cannot pay. Another would be that the investors are running out of cash. Note that already, the Fed is buying most of the debt the US issues... this is rampant destruction of the currency.
The non-debt obligations are little things like Social Security, Medicare, Government Employee Pension Plans... These are all geometrically unfunded... These defaults will cause unsurvivable pain, suffering and poverty. Irreparable.
The conservatives cannot fix this, 50% of American workers don't pay income tax as it is and they are not about to start.
This gig is a dead Treasury walking. Unless of course we can perfect Alchemy or something equally fungible.