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The Economy The Debt, No Need To Panic

By Alexey Braguine
Aug. 9, 2011

Lately, it has been a rough ride for the US. The economy is at the edge of the cliff. The credit rating is slipping toward Third World stature. The value of the dollar is down the tubes. Infrastructure is collapsing, middle class is shrinking, social inequity is growing. The situation looks pretty hopeless, doesn´t it?

The good news is: IT IS ALL SELF INFLICTED, therefore easily fixed.

The US situation is like if you were eating caviar and drinking champagne daily, driving an Aston Martin and spending big bucks at the race track on a middle class income. To balance your budget, all you would need is withdraw from the race track, have a glass of good, inexpensive wine and cheese instead of caviar. Sell the Aston Martin and drive a Toyota. Hardly major sacrifices.

And yes, quit throwing rocks at the neighbors down the street.

The race track metaphor represents war and betting on the wrong horse.. The US has become addicted to war, not just one. It is involved in Iraq, Afghanistan, Pakistan, Yemen, Somalia and, Libya. On top of that,officialy, it has special operations forces in over 60 countries and secretly in over 60 more. On top of that, it is spending money on over 600 military bases around the globe.

The official American military budget is 52% of that of the rest of the world combined. This does not include the humongous intelligence budget nor military activities by NASA, like developing and launching military satellites. The official figures alone, show that the US spends ten times as much on its military than Russia, and six times as much as China!

Strategists around the world ask themselves, What are Americans afraid of?

Actually, many Americans are afraid of loosing their jobs and their homes and want to live in peace. However, there are some Americans who dream on conquering the world and creating an American Empire. That dream has bankrupted the US

Here is a thinly veiled statement of intentions and a real rogue's gallery who's signatory's names will sound familiar. They pretty much took over the US government. Unfortunately, despite being discredited, they still have a lot of money and a lot of influence.

At the moments, the only threat to the United States is a group of terrorists that does not exceed a few hundred people. Therefore, if the US would reduce its military expenditures to match China, it would still save nearly a trillion dollars a year in real terms. Yup, if this money was applied to paying off the debt, it would be paid off in a bit over three years. After that, the money could be invested in productive endeavors that would increase profitability. create new industries and bring the US back to a position of respect in the world. community.


About the author: Alexey Braguine spent four years in Vietnam and Laos during the American involvement there. He has also worked in the Middle East and has visited Pakistan-Afghan border areas. He is the author of Kingmaker, a geopolitical thriller.

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