September 03, 2020
If we survive BLM and the Revolution and the Democrats and Chinese militarism and Islamic terrorism and Russian saber-rattling this will finish us. I see no way out of all this crushing debt.
]U.S. Debt is Set to Exceed Size of the Economy Next Year; a First Since WWII
I am mindful of Igor Panarin, a Russian political scientist and former KGB analyst who in 1998 predicted the collapse of the U.S. due to loose fiscal policy. At the time he was largely dismissed; everyone thought it was sour grapes since the Soviet Union fell for many of the same reasons. But Panarin has never recanted his belief and while it has taken a bit longer to happen one must wonder if he's not entirely correct. The sad thing is nobody is taking the debt seriously. Nobody. Not Trump, not the GOP, not the Democrats.
Any person knows you cannot spend more than you take in. But our government does because it controls the money supply and can just make more. That is a cute trick but in the end it catches up with you. It's going to catch up with us and it's going to be horrendous.
So what did Panarin think would happen? He thought America would be partitioned, and outside forces would "guarantee" security in much the same way as colonial powers "guaranteed" the "security" of places like the Anglo-Egyptian Sudan or other "protectorates". He thinks the Chinese will own the west coast and Russia will control Alaska. A collection of minor vassal states will exist.
Actually, that may be the only way out. America has lost whatever vigor it once had and is now circling the drain. We can no longer agree enough to have a functioning nation. Perhaps it's time to shake hands and part as friends? Or at least not as bitter enemies? The Left won't want that, because they are essentially universalists. But it there may be no other option. A Republic of Greater Texas, say, is better than a state of anarchy or a Chinese protectorate.
We have mortgaged our future. And this Coronavirus business was a major expense to our children and grandchildren and great grandchildren. To keep the economy from following it's natural course after the shutdown we have exacerbated the problem. We will pay dearly for that, I fear.
Too bad America doesn't have a Main Force Patrol and a Rogatansky.
Posted by: Timothy Birdnow at
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Posted by: Bill H at September 03, 2020 11:26 PM (vMiSr)
Posted by: Timothy Birdnow at September 04, 2020 08:22 AM (vAUV7)
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