lol @ gambit.
getting too emotional is our clueless vietnamese buddy.
the enire US economy is built on debt. the US bond market is in a massive bubble right now. when that pops, the US economy will crash like the 2008 financial crisis. this time it will be the government that feels the pain.
once the US economy crashes, their military budget will shrink like a dead monkeys pen*s.
US interest rates are at zero and they still cant get growth, they have to spend $1.5 trillion in deficits to get sub 2% growth.
and thats with interest rates at historic lows dues to the bond bubble. now imgine when that bubble pops and interest rates rise on the public debt, the interest payments alone will take up more than half of the fiscal revenues. thats default territory. then the fed will monetize the debt and inflate the debts away rapidly. thats when the american empire starts to crumble. all the financial wealth will be inflated away by trying to inflate the debts away.
the US military budget will be cut dramatically. when that happens, the fuel costs to operate those big military toys will get so expensive, they will abandon them. not to mention the cost of maintenance and cost of constantly upgrading to stay ahead.
US is in a very similar position it was to the USSR prior to its collapse.
the US has bought a alot more time because it has the reserve currency status, but that status will buy u only time for so long.
the US economy is in for a major collapse.
watch when the bond bubble pops and yields start to skyrocket.