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by skeptikal 1509 days ago
OP wrote (admittedly wordy),

“metrics like debt to GDP indicate they're currently fighting a bigger war than WWII,”

Meaning that the GDP trends as if we’re in a WW3 situation and loosing, not that we are. I.E the GDP/debt metric appears to be as bad as if we were loosing a war when in fact we’re not even fighting one.

Ironically I disagree with both points. Yes the economy is bad, yes it will get worse but:

- I don't think the economy is as bad as losing a world war; the US has too many fundamentals in her favor (namely resources and a strong Navy to prevent outside threats).

- Ironically enough we are in fact loosing a low intensity world war, mostly fought in diplomatic relations with third world countries. Just like the first Cold War, but with weaker fundamentals on our side.

1 comments

Weaker fundamentals? Do you really think the relationships with third world countries are more strained than were during active colonization? Russia and China did a lot of work with their infrastructure programs but I am still not sure they have the upper hand.
Our industrial base is gutted and we don't have enough resources. Not enough to sustain our extravagant lifestyles.

Europe has to find a way to buy Rubles quickly or choose between freezing or damaging capital goods (there are industries that cant be shut down because they get damaged).

There’s not enough American LNG to rescue Europe, and if there were there arent enough ports to import it. Anyway, nascent American populism will make sure Americans get (cheap) gas first.

I would suggest different wall colors and some daylight.
My house has 9 skylights, a 20 sq. m deck, a pool and a quarter acre lawn. Add three kids ages 8 mo to 7 years.

I get plenty of sunlight.