06/08/2018 (Fri) 15:24:00
A few indications to consider and ponder for a while:America yesteryear vs. TODAY
1) America used to have a gold standard. Not anymore.
2) America used to be the biggest creditor in the world - now it is the total opposite. Today we are the biggest debtor in the world!
3) The American government in the 40s, 50s and 60s was small compared to most nations. Now we have one of the biggest governments in the world (stationed in over 100 different nations) and spend massive amounts just to maintain it.
4) America used to have one of the largest manufacturing bases in the world. Today, we can easily say China takes the lead as the US has outsourced massive amounts of industries.
Fiscal insolvency, incompetence, corruption, neglect and greed have led to our demise. China and Russia will replace the US as the two global superpowers in the next 10 to 20 years no doubt about it. And if they are smart they will adopt a gold standard and KILL anyone who tries to undermine it (as what happened inside the US)!