The End Of An Empire And The Beginning Of A Depression
Since the end of World War 2, the United States has been the leading military power and the leading economic power on the entire globe. The U.S. has had the largest economy in the history of the world, the U.S. dollar has been used by nearly all of the nations on earth as a reserve currency and the U.S. military has had a physical presence in most of the countries on the planet. Today, the U.S. military is in approximately 130 different nations and it has a total of about 700 military bases around the world. But just like the Roman Empire, the U.S. empire has become overextended and it is starting to decline. Most of our politicians believe that we can continue to “police the world” and project our power to every corner of the globe, but the more we meddle the more the rest of the world hates us and the worse our financial problems get. America is now swamped with debts and our influence is fading. The truth is that what we are witnessing is the end of an empire and the beginning of a depression.
Over the past decade, the wars in Iraq and Afghanistan have cost U.S. taxpayerswell over a trillion dollars.
So what have we gotten in return for a trillion dollars?
In Afghanistan, we haven’t even found the one man we supposedly went there to look for – Osama Bin Laden. It defies comprehension how a man with a really bad kidney disease can hide in caves and evade the most powerful military on earth for nearly a decade.
But at least we got rid of the Taliban and set up a good form of government, right?