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https://www.truthdig.com/articles/goodbye-to-the-dollar/
The inept and corrupt presidency of Donald Trump has unwittingly triggered the fatal blow to the American empire—the abandonment of the dollar as the world’s principal reserve currency. Nations around the globe, especially in Europe, have lost confidence in the United States to act rationally, much less lead, in issues of international finance, trade, diplomacy and war. These nations are quietly dismantling the seven-decade-old alliance with the United States and building alternative systems of bilateral trade. This reconfiguring of the world’s financial system will be fatal to the American empire, as the historian Alfred McCoy and the economist Michael Hudson have long pointed out. It will trigger an economic death spiral, including high inflation, which will necessitate a massive military contraction overseas and plunge the United States into a prolonged depression. Trump, rather than make America great again, has turned out, unwittingly, to be the empire’s most aggressive gravedigger.
(Score: 3, Insightful) by Sulla on Tuesday February 05 2019, @05:19AM (9 children)
The only way to make this country great is to take us back to a time before empire. Kill the empire to save the republic.
Fuck warmongers
Ceterum censeo Sinae esse delendam
(Score: 2) by c0lo on Tuesday February 05 2019, @05:52AM (5 children)
Really? At the time of American Civil War?
Before that, it was a mild version of feudalism/slavery (no king, but heaps of latifundia), after that it switched to Empire mode (Indian Wars, Spanish war, Philippine war, Banana wars and so on)
https://www.youtube.com/watch?v=aoFiw2jMy-0 https://soylentnews.org/~MichaelDavidCrawford
(Score: 2) by MichaelDavidCrawford on Tuesday February 05 2019, @06:41AM (3 children)
"Latifundia".
At first Roman plantations worked by slaves, then more recently in Spain and Latin America.
Nowadays, they sell slaves in the France- and US-liberated Libya. Quite a lot of chocolate is grown by child slaves, with many US confectionary companies refusing to boycott such chocolate.
Please buy only Fair Trade Chocolate.
Yes I Have No Bananas. [gofundme.com]
(Score: 2) by FatPhil on Tuesday February 05 2019, @11:50AM (2 children)
Great minds discuss ideas; average minds discuss events; small minds discuss people; the smallest discuss themselves
(Score: 0) by Anonymous Coward on Tuesday February 05 2019, @07:40PM
but it is still better than the alternative!
It is just like security systems... it will not stop/detect everything and many are just snake-oil ... but the fact they exist makes robbery harder, make robbers question if it's worth it and may directly avoid in some cases.
There is no silver bullet, every system can be workaround, but that doesn't mean that it fails always
(Score: 2) by MichaelDavidCrawford on Tuesday February 05 2019, @08:59PM
Fair Trade Coffee is so widespread by now that I find it hard to understand how it could actually be a bad thing.
Yes I Have No Bananas. [gofundme.com]
(Score: 5, Insightful) by Sulla on Tuesday February 05 2019, @09:26AM
I think the tipping point for America that took it fervently in the direction of Empire was the refusal to listen to the warnings of Eisenhower. When WWII ended and we were handed a world in complete ruin, except for us, without any remaining superpowers able to project forces, except for us, we didn't stop to think about what it would turn us into. The Jingos got their Spanish-American war and gave us a taste of Empire, but the people still did not desire it. Through the Sedition Act and propaganda Wilson dragged us into WWI against the general populations wishes. In interwar era Americans still did not want to get involved and were primarily pulled into WWII because the Japanese gave the government an easy in. Truman quickly got us involved in Korea and Eisenhower had to mop up. Ike warned us about the dangers of Empire, that the cost of immediate wealth will be long-term debt, entanglements, and freedoms. Short-term thinking and Jingos in both parties put us in Vietnam to feed the MIC and protect the French rubber trade and we never looked back.
The post-war leadership in the US feared that a reduction in military spending would return us to the great depression, but rather than eat the hit and go through a depression they continued to spend ever increasing amounts on the military to ensure the money kept flowing.
Ceterum censeo Sinae esse delendam
(Score: 2) by LVDOVICVS on Tuesday February 05 2019, @05:52AM
Probably one and the same but fuck the debt mongers, too.
(Score: 3, Insightful) by LVDOVICVS on Tuesday February 05 2019, @06:12AM (1 child)
And while I"m at it, also probably one and the same, fuck the corporatists.
I think it is true that the love of money is the root of all evil. And corporations are where vile, evil, greedy men hide to do their awful deeds.
(Score: 5, Interesting) by Azuma Hazuki on Tuesday February 05 2019, @06:24AM
The love of money is one manifestation of an underlying tendency: the tendency to objectify people and personalize objects. That is the root of all evil right there, subjugating agents to objects. It's what I've been calling people out on this site for since the beginning, and they're not getting it. But that is the soul and center of it, and until people fix this moral priority-inversion bug, we're never going to get anywhere.
I am "that girl" your mother warned you about...