The Impending Collapse Of America
Posted: Wed Apr 04, 2018 5:32 pm
At over 20 trillion dollars the United States has, as of now, accumulated more debt than any other country in the history of the world.
The borrowing and spending of money by the American people has replaced the practices of saving money and production of tangible goods. The creation of debt in America is treated as if it were an actual manufactured good. It is as if some theoretical 'cyber-dream economics' together with the mere printing of paper money is good enough.
The truth is that the center of the vital high tech manufacturing has moved to Asia and would be very difficult to gain back. The American people are heading blindly down an unsustainable road; but the catastrophe is clear on the short-term horizon for those who bother to look.
Furthermore, the people have lost their former dignity as well as any overarching metaphysical or religious purpose in the world. Americans have gradually become an inferior type of people. The real truth is that this is not an economic crisis, but a moral and civilizational problem.
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The borrowing and spending of money by the American people has replaced the practices of saving money and production of tangible goods. The creation of debt in America is treated as if it were an actual manufactured good. It is as if some theoretical 'cyber-dream economics' together with the mere printing of paper money is good enough.
The truth is that the center of the vital high tech manufacturing has moved to Asia and would be very difficult to gain back. The American people are heading blindly down an unsustainable road; but the catastrophe is clear on the short-term horizon for those who bother to look.
Furthermore, the people have lost their former dignity as well as any overarching metaphysical or religious purpose in the world. Americans have gradually become an inferior type of people. The real truth is that this is not an economic crisis, but a moral and civilizational problem.
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