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Originally posted by DarthMuerte
The thing is, America could be back on top with one word and a second related action. The word? Repudiation. We repudiate the debt. The related action? End the fed. America repudiates the debt laden fiat currency, ends the fed charter(which expires next year) and issues a new dollar pegged to our GDP. Those alone would do so much, though there would be much more to do. The problem being that there is no national willpower with which to address our nation's fundamental problems. Everybody wants to take the "easy way" even though it only makes problems much worse later on down the road. I believe our national sport has changed from baseball to "kick the can" as in kick the can farther down the road. Our children and theirs will curse us for the legacy we leave them.
Originally posted by starwarsisreal
reply to post by Germanicus
If China has the economy and military of America they will do the same. Besides China has a big overpopulation problems and in order they'll need new land (cough) Russian far east
The last 2 you mean.
Originally posted by starwarsisreal
reply to post by DarthMuerte
But I don't think that's gonna happen any time soon. Last President that tried to stop the bankers turn up dead