Good. This country has wielded that influence like a cleaver for decades.
I’m happy to see it end.
We’re only going to get our standing back by throwing this man in prison and impeaching the corrupt supreme court. We also need to get dark money out of our politics to save our democracy.
America losing it’s economic monopoly would be the greatest thing to ever happen to democracy & mankind & guess what ?
FREEEEEEDOM
It is always cringeworthy to hear Americans call themselves “the world economic anchor” Or the “world police” Fucking manifest destiny, national narcissistic exceptionalism is one of the main reasons for the collapse of the US empire. At some point in the future they will need to pull their heads out of their own asses to learn some humility and humanity.
The expression “world economic anchor” is meant literally and factually: the United States are the world’s strongest consumer market and therefore drive demand and economic activity like no other, and, more importantly, the US dollar and Treasuries serve as a reserve currency and asset, respectively, for both central banks and private investors. This arrangement is unfair, in its own macroeconomic ways that have nothing to do with exceptionalism, manifest destiny or cultural superiority, to both the rest of the world, who end up funding the United States, and common US denizens, who suffer from inflated assets.
I was talking about the comments under article as well as the article itself. The arrangement of the dollar as global currency did not came by coincidence or a strategy to victimize the poor wittle amewican citizens; it was policy. So much so that this policy was imposed in many parts of the world. There is a reason why te United states is so afraid of Brics And de-dollarization. It is good news for the world That America is loosing grip on their empire, It is good news that countries around the world are choosing to drop the dollar as reserve currency and it is especially good news that America could be weak enough to stop dictating economic and political policy. Particularly an economic policy that benefits them.
We need other economic blocks and options when it comes to banking and investment. We need to stop a country from dictating other countries who they should do business with or deciding what country should be isolated like it’s happening to Cuba. I welcome less american control and they can take their victim butts behind their borders and close them down if it means they will stop meddling with the world.
“Leader of the free world” is so arrogant and cringe
Well, the Brits still retain a large chunk of the arrogance that came with the Empire they no longer possess. So I wouldn’t hold my breath. #1 baby!
A powerless arrogant at least we can laugh of. And I do like myself some British comedy. as for #1 keep telling yourself that as the empire crumbles.
Regardless of how you may feel about it, that’s how the governments of most other Western countries saw it. This is evidenced by US bases all over the world, low investment in national defense by most NATO countries, the dollar being the world’s primary reserve currency, etc.
The diminishment of global influence and power is not because of those things, but because of domestic affairs: in the richest country in history, businesses broke the social contract with workers, the cost of health care skyrocketed as hospitals became for-profit business, and half the country was too brainwashed by consolidated media conglomerates to see what was really happening.
Basically, the libertarian values that have always been the underpinnings of American society finally reached their apotheosis at the same time the Internet and propagandist entertainment news caused the cultural fabric of society that had formerly acted as a counterweight to begin to unravel. Every man for themselves writ large. The chickens came home to roost.
I’m afraid we are only going to learn the hard way. I pray that as few innocent’s are hurt as possible.
The only way I can see a coming back is for the US - or rather, whatever comes after, to implement a socialist government that leapfrog’s the advances of the Nordic nations. North America has tremendous resources and a great deal of land, but has always hamstrung its potential due to the 1% hoarding that bounty. In the event that the 1% are eliminated from society, it is very possible that the ordinary American could get the education and means to make themselves fulfill their potential.
Hopefully, the likes of Trump and his friends will hang out together, someday.
I looked for explanation:
Pavolini was captured after a desperate escape attempt which saw him swimming across Lake Como and then trapped in a Mexican standoff over a half submerged rock. When Pavolini ran out of bullets, he was finally apprehended and executed only under Italian law by the partisans in Dongo.[1] Before burial, his body was hung upside down in public, along with Mussolini, Mussolini’s mistress Clara Petacci, the former Party Secretary Achille Starace, Nicola Bombacci and others in Piazzale Loreto, Milan.[2]
I had a holiday booked for this last February in the States, after Trump won the election though that holiday was cancelled and I went to Japan instead
If you swapped your american holiday for a trip to Japan then you are a trader. B’dum tiss. /s
The takeaway should be that to do business in the US, you have to bribe Trump. He’s not really made a secret over the fact that he’s running the country like a protection racket. Tim Cook gave $1 million to the Trump inauguration fund (that we’re aware of) and Apple gets an exemption. Boeing did the same and got a fighter plane program. Small and medium businesses that can’t afford bribes and import things from China? Screwed.
It’s not good for the big businesses either though, that’s why their stocks are still down. Because the need to pay bribes is a cost to them and will eventually sink the whole economy.
The president is just a figurehead of a garbage system. It’s this easy to turn the system into a fascist nightmare because it was always a fascist nightmare. Literally invented by slavers.
and THAT
was the point. trump is attempting to destroy the country
AND it’s future. So it can never be world power again
IF we can get a very strong Congress that recaptures and then vigorously defends it’s Constitutional powers, AND that goes through the trouble of codifying what used to be political norms before Trump, AND amends the Constitution as needed to put a strong leash on the Executive branch, I think it’s possible we could become that anchor again.
But it took a world war and at least 25 years of concerted effort after to build that role for ourselves. Even though the Republicans have damaged or destroyed it in 3 months, it won’t be rebuilt in 3 months.
But also life continued:
Yeah, but it took 20 years and WWII before things actually rebounded.
See, simple! If you’re 30, you’ll be 50 by the time you recuperate your investment! Easy! LOL.
Is all this a death rattle for the US? A part of me thinks this was happening one way or another. I’m still unsure of what will come after, but maybe something better? Probably not, eh?
It’s gonna be the EU and China battling for the top
Good. tRump has done more in 2 months to bring down the US Empire than any of their real or imagined enemies in the last 80 years have. Time to let it die.
