America's Real Crash and Bankruptcy

US Hegemony is done with...

The World Community can no longer be bullied or controlled by the Corporate and Donor Occupied Territory aka Washington, DC anymore. The US Government is Financially, Economically, Militarily, and Morally Bankrupt. The US Government lives entirely on printed Phony Monopoly Money from the Federal Reserve.

The US Military is unsustainable, unaffordable, and unable to recruit new Soldiers, Sailors Airmen and Marines. Boneheaded Wars for Oil, Wars of Aggression, Wars of Attrition and Wars of Subsidization fomented for Corporate Interests has hallowed it out. Those who joined the Military are disgusted by the Woke Memes and the US Government who promoted havoc and chaos with 800+ Military Bases as provocations and tripwires. Military Spending is Corporate Welfare for the “Defense” Corporations, building Weapons suited for the Wars of the dustbins of History.

I expect 2025 to be a profound "Come to Jesus" moment for the American Public, Taxpayers, and Consumers who couldn't be bothered to educate themselves on Economics, Math, and US History. While nothing is certain, new paradigms in Finance, Geopolitics, and Energy will be crucial for Investors.

Of particular importance is the US Government's Economic and Financial precarity, which is rapidly deteriorating. American Taxpayers and Consumers are complacent, yet they know about the ticking Time Bomb of Debt. Nothing has happened YET, however, the paradigm shift will be very rapid, shattering Conventional, Mental, and Financial models for the Debt Bomb💣.

In 2024, A crucial tipping point was when the Interest expense on the Debt exceeded the Military Budget. It's exceeding Entitlements becoming the BIGGEST Line Item in History.

Historian Niall Ferguson:
“Any great Power that spends more on Debt Service (Interest payments on the National Debt) than on Defense will not stay great for very long". The US Government will be forced to:

• Cut Military Spending amid the most chaotic Geopolitical period since WW2.

• Default on promises of Social Security, Medicare, Medicaid, Veterans’ Benefits, Government Pensions, and Welfare generally.

The United States Government can't afford Entitlement and Military Spending since both are growing exponentially, I've seen the numbers.

Baby Boomers—22% of the Population—have Retired. Telling them the truth about the Entitlement Pyramid Scheme are met with misdirected Hostility and indignation.

Former Secretary of Defense Robert Gates recently told us: “Barely staying even with Inflation or worse is wholly inadequate. Significant additional resources for Defense are necessary and urgent.” That statement by itself says it all.

In short, efforts to cut US Expenditures are meaningless unless the US Government takes the chainsaw to Entitlements, Military, and Welfare Spending while cutting away at the Interest on the National Debt. The US will be forced—at a Minimum— to kill the Welfare/Warfare State and liquidate the National Debt.

It'll be an inevitable shock of the rejection of the Dollar as the World's Reserve Currency, an Economic Collapse and Financial Crash for the inept American Public, Taxpayers, and Consumers to kick the obsessive addiction to the Welfare/Warfare State.

The facts speak for themselves;
Elon Musk and DOGE are set up for failure. US Expenditures have nowhere to go but way up.

I'm overly confident that the US Government will try to have its cake and eat it too by Spending for Military and Domestic Obligations via Currency Debasement (Printing Phony Monopoly Money).

It’s a self-perpetuating Stupidity Squared they can't escape. It’s a runaway Train with no brakes.

“We owe it to ourselves.”
“Deficits don’t matter.”
“Treasuries are Risk-Free return.”
“The National Debt is sustainable as long as we can print money.”
“The US will never Default.”
"You're Heartless!"
These delusions that Investors believed have long since come to an end.

I can hardly wait for the very harsh Reality Check the American Public and Taxpayers who believe this nonsense will get. I myself expect the rate of Currency Debasement will far exceed the nominal yield that US Treasuries and Bonds will offer.

Taxpayers will rightly look for alternatives for their Savings to preserve purchasing power. Taxpayers, Companies, and Sovereign Countries are parking their Savings in Commodities. The significant gains are precious metals. Those not prepared for the bottom dropping out for the World's Reserve Currency Status of the US Dollar, will find the Piper at their Doors demanding to be paid!

This page is a permanent link to the reply below and its nested replies. See all post replies »

Burnley123 · 41-45, M

We are moving to a multi-polar world as the US most is in relative decline. It is still the most powerful country in the world and if (when) China overtakes it, it will remain a major power.

I'm a critic of US foreign policy and it's impacts However, they are not the majority reason why the US has declined. It's about demographics and technology. China has about four times America's population and the technological gap between the first and third world has declined massively so population advantage counts for more than it did. Most of the world's population is in Asia and what we call the west punched above it's weight for too long.

Northwest · M

@Burnley123

I'm a critic of US foreign policy and it's ears. However, they are not the majority reason why the US has declined. It's about demographics and technology. China has about four times America's population and the technological gap between the first and third world has declined massively so population advantage counts for more than it did. Most of the world's population is in Asia and what we call the west punched above it's weight for too low long.

The West, mostly Europe's colonial powers, maintained control, and kept the rest of the work uneducated and exploited, through WWII. Churchill and to a point France, tried to pick up where they left off, and despite making a brutal effort, they failed.

The US took advantage of its post WWII surge, to dominate militarily (mostly without the use of military power, with some notable exceptions), and economically. But people around the world got educated. China is a prime good example. The Soviet Union is a prime example of how not to do it.

Pre Xi, I thought China was on a fast trajectory to meet and surpass the US in all areas, driven by technology.

Post Xi, I no longer believe this is the case. When I look around me, literally, it's clear why. Since Xi took office, the gain in Chinese technology brain drain has increased multiple folds. Unless China pivots politically, it will turn into a repeat of the Soviet experience. So yes, China's skyrocketed in technology. Problem is that anybody who was anybody in Chinese technology, pre Xi, now works for a company near my zip code, or within 1000 miles of it.

Burnley123 · 41-45, M

@Northwest I didn't know about the brain drain. However, they have a lot of people and a lot of them also get educated in the west before they go back.

On us foreign policy: There have been many wars over the years and many more governments overthrown.

You were correct to bring up British and french imperialism and that was not any better.

Northwest · M

@Burnley123

There have been many wars over the years and many more governments overthrown.

That's what I meant by what I said here:

with some notable exceptions

We went overboard in the 1960s and 1970s. A wiseman man once said, that if your country does not have a communist party, make one up, and money from the US will start flowing.

This is the cold war insanity. I hope we outgrew it.

The Chinese brain drain is massive. I realize they're minting more engineers, but we're hiring them as fast as they can make them. China is also now suffering from a population decline.

My point was that Xi's policies, reversed the progress. 20 years ago, I was spending more time on our China's labs work, now it's not worth my time. If you go into the BC area in Canada as well.

Like I said, a few years ago, I would have guessed that by now China would have overtaken us. The Russian brain drain is also massive.

There may be a happy medium between the US system of extravagance, and the China/Russia self-destruction (more Russia than China), but we're not there yet. I just hope the fuck Trump is not elected.

Diotrephes · 70-79, M

@Burnley123

The US can easily kill over 1 Billion Chinese in less than 15 minutes. They should never, ever, forget that.