General Discussion
In reply to the discussion: At what point is this country finished? [View all]bronxiteforever
(9,287 posts)The rethugs tax bill is destroying the currency by hyperinflating the deficit at the same time as cutting the legs out of our party. There are no bullets left in the fed reserve chamber.
China usually buys our debt, I dont see that happening now. I foresee the next financial disaster ( and it will certainly come as they always do) with a bankrupt government unable to act so as to soften the blow.
If we lose 2018, and the Congressional subpoena power, there will be no stopping their takeover.
If we get lucky and get a unifying progressive leader in 2020 we can straighten the ship out. That person will need mad skills to accomplish the rebuild.
And while we fall apart internally, the world changes and goes on. The other powers wont wait for us to recover. Americans forget we have to compete with other countries. They wont sit on their asses while we yet again watch the rethugs discuss the sin of homosexuality or other such culture war bullshit. We are losing international trade, immigrant brain power and labor force.
As Bob Dylan wrote, its not dark yet but its getting there.