Before 2018, I had read an article by an American libertarian that the US could have a public debt of $50 trillion by 2030, at that time there was still no pandemic and it was still the beginning of the Trump administration, I doubted him.
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- Thread starter bd popeye
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Utopia is energy independent in same sense that i'm transport independent because i own a car though it doesn't run because i've no gas. Energy independence is an interesting concept that has two flow imo. Commercial supply & war time supply. Utopia created the illusion of being energy independent by fracking shell & making up for the cost of it by making other top producers keeping the price at certain level. China has largest shale oil/gas reserve in the world. It doesn't call itself energy independent.
"It's your own fault for not being able to afford a Tesla" - American Dream
MBS sees the huge decline of US' strategic reserve of oil and is licking his lips.
The moment the strategic reserve goes at a really low level, expect an even bigger escalation by Saudi Arabia. Either the US bends down (honourary white Japan-style) or 2023 is going to be a really bad year for the US. OPEC holds the US and the whole West by the balls
You think that is bad, there is 162 Trillion+ in unfunded liabilities
Kinda ironic, all the American social media influencer were talking about CHYNA collapsing the past month cumulating with Xi being couped. Doubt they know there own countries budget.
I suspect they think they're a sovereign country and allowed to make decisions that don't benefit the US at the cost to themselves.
I realize that may come as a shock to some Americans.
But they are the reserve currency. Does that debt really matter as much to them as other countries ?You think that is bad, there is 162 Trillion+ in unfunded liabilities
Kinda ironic, all the American social media influencer were talking about CHYNA collapsing the past month cumulating with Xi being couped. Doubt they know there own countries budget.
It is proof that the americans do not defend sovereignty, only if it is convenient for their foreign policy. In fact, this situation is even beneficial because it is opening up american hypocrisy to the entire world, including its closest allies in the Middle East. Biden said he would run in 2024, I hope he wins.