Current US Military

[Martin Hash]

There are a lot of similarities, however, too many to just ignore, but a century later, Imaginary Money is playing a bigger role. There's still lots of demand, there's even more supply, and plenty of money to go around. I can't really figure out what the trigger would be to cause upheaval? If Trump hadn't of gotten elected, maybe, but not now. As long as people are satisfied with the aristocracy, this run could go on a lot longer. I mean, who benefits from tipping over the apple cart? No one; women, minorities & weirdos aside.

[Smitty-48]

Well, the market is overheated by the spigot being wide open on the money supply and there is indeed a huge debt bubble floating around out there, so I'm not saying that there won't be consequences, but 1) you can't predict exactly how that would go, and 2) Total Collapse ZOMG Sky Is Falling is hardly a given.

[Martin Hash]

I mentioned in another thread how The Fed could easily cure all the "debt bubbles." Expect Imaginary Money to be used wherever it can be. Why not? The Rich get richer, so what: rising tide lifts all ships. And who wouldn't want their mortgage to go away, and their student debt, and corporate debt for that matter. There is no penalty at this time for printing all the money needed.

[Smitty-48]

Imaginary money is quite flexible, that's the beauty of imaginary money, but the capacity of America to write IOU's, in relation to the rest of the world, I would submit, still has a lot of room to maneuver, in a world of debtor nations. the American debtor is still king.

[Smitty-48]

To wit, it's all relative, it's not a question of how good America is, the real question is; who is better?

[Martin Hash]

75% of Americans have less than $100K net worth, including their home, so inflation is not a bogeyman to them, they don't have anything to lose, and that's if there is inflation? I say print, baby, print.

American Net Worth

[Viktorthepirate]

No, Spain didn't fight for liberty, no empire in history has ever fought for liberty, that is what American exceptionalism is all about.

I know they didn't fight for liberty.

But they were a crusader nation sticking their fingers into everything. Italy, Netherlands, New World etc...

They were the super power of their age.

Their attitudes changed.

Their attitudes didn't change, they were simply laid low by the Americans, the French and the British, if the Spanish could have their empire back, they'd take it in a heartbeat, make no mistake, but thanks to Roosevelt, Bonaparte and Wellington, their empire has been reduced to nothing more than Spanish Morocco now.

I'd say Spain today is not the same as 17th century Spain in attitude.

And saying that if they could have their empire back magically they would, the same could be said for any nation.

Spain isn't going to spend the blood of millions to get it back however.

[Smitty-48]

I'd say Spain today is not the same as 17th century Spain in attitude.

And saying that if they could have their empire back magically they would, the same could be said for any nation.

Spain isn't going to spend the blood of millions to get it back however.

And America is not going to throw it all away for a bunch of Bernie Bros and Lolbergs neither, every Hegemon has an arc, no Hegemon ends itself willingly.

It's not about a change in attitude, they just run out of steam and/or are taken down by a challenger.

[Viktorthepirate]

I'd say Spain today is not the same as 17th century Spain in attitude.

And saying that if they could have their empire back magically they would, the same could be said for any nation.

Spain isn't going to spend the blood of millions to get it back however.

And America is not going to throw it all away for a bunch of Bernie Bros and Lolbergs neither, every Hegemon has an arc, no Hegemon ends itself willingly.

That's true, I agreed with you on that point.

Just saying it's not impossible for a change. But I agree it will be quite painful before it's brought on.

[Smitty-48]

I'd say Spain today is not the same as 17th century Spain in attitude.

And saying that if they could have their empire back magically they would, the same could be said for any nation.

Spain isn't going to spend the blood of millions to get it back however.

And America is not going to throw it all away for a bunch of Bernie Bros and Lolbergs neither, every Hegemon has an arc, no Hegemon ends itself willingly.

That's true, I agreed with you on that point.

Just saying it's not impossible for a change. But I agree it will be quite painful before it's brought on.

I wouldn't hold your breath, all rumors of the impending demise of the American Hegenomy, are absurdly overstated, mostly by Bernie Bros and Lolbergs, but they would say that wouldn't they? What else are they going to say?