Beginning of the end of the US Dollar? -- Russia Liquidates almost all its holdings in US Treasuries

submitted by magnora7 from dailymail.co.uk

sorted by:
top
newinsightfulfun
you are viewing a single comment's thread.

view the rest of the comments →

[–]magnora7[S] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (2 children)

Yes a change of foreign policy would be nice. I'm worried it'll only make it more aggressive though, out of desperation. And then once "Pax Americana" is over, various factions like China and Russia will have flare ups all over the world in proxy wars, vying for control of pieces they were only restrained from taking because of US global military power.

Everything is such a balance... I don't like that the US has military bases in 186 countries around the world, and the US does some awful and manipulative stuff. But on the other hand, it has shut down the potential for huge huge wars as the US is so dominating. Just like Britian was during Pax Britiania, and Rome during Pax Romania. I guess it ebbs and flows like that.

Next up, Pax Sinica? It seems like the Chinese are in a strong position, but they're also in a huge housing bubble too and the government seems too brittle and rigid to run the world. The transition period will certainly be interesting as the next order becomes established as the US order dissolves.

[–][deleted] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (1 child)

Yeah good points. The decline of the US MIC could be lengthy and lead to more deaths than when it was dominant. "Pax Americana" is interesting... a "period of relative peace and stability". It doesn't seem that way to me, but I guess it is since we're not openly fighting any major players.

[–]magnora7[S] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

Yeah... like combat deaths per year have been low compared to WW2 and WW1. But American agencies have overthrown 53 governments since the end of WW2. So it's a relative peace. Relative to the hells of intense world war. So not great either way. I think an era of peace can come, but only after the world culture deeply understands the dangers and insidiousness of the military-industrial complex and their profit-motive for war, and the mechanisms by which they capture governments.

Short of that miracle it's probably just going to keep being echos of this same refrain... But who knows. There's a million ways things could turn out