IMO the USA lost the plot economically post Sept 11 by persueing...

  1. 23,183 Posts.
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    IMO the USA lost the plot economically post Sept 11 by
    persueing protracted wars and misguided Neo-Liberal
    housing program which caused the GFC.

    IMO its objective is to set Russia & China broke before
    it goes bankrupt itself:

    https://hotcopper.com.au/data/attachments/6445/6445537-347e797df6a17b8848f8cd0211d4858a.jpg
    PS : US GDP in 2023 was $27.4 Trillion, so its 2023 budget deficit in 2023 was $1.78 Trillion
    with the prospect of 2024 being $2 Trillion. So when the US promises financial aid
    to the Ukraine, Israel etc etc for as long as it takes, that that may be shorter than
    the US Pollies think, IMO.

    https://www.usdebtclock.org

    NB: US unfunded Liabilities = $219 Trillion (not $ Billion !!!)
    t
    Last edited by moorookamick: 09/09/24
 
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