The End Of The US Economic And Military Empire & The Rise Of Gold
Unsustainable deficits and galloping debt levels, combined with a crumbling military, are the perfect recipe for the end of an Empire.
And it is exactly the position that the US finds itself in.
But it also means a new golden era for real money, which is obviously GOLD! (more later…)
I have written before about the END OF THE US EMPIRE – ORWELL’S 1984 NEWSPEAK & DIRT CHEAP GOLD.
A prospering empire must have a very strong and functioning economy, a solid currency, and a controlled level of debt. Today, America does not possess any of these essential requirements.
The empire must also be supported by a strong military. Sadly, this is not the case any longer, as ex-defence Secretary Robert Gates explains in a recent (24 September 2024) article about the weakness of the US military in the Washington Post called “The Pentagon and Congress must change their ways”:
“We face unprecedented peril. The Pentagon and Congress must change their ways.
America cannot make the weapons it needs in the time it needs.“
– Washington Post, 24th September 2024.
That must change.
Yet our army is shrinking while the navy is decommissioning warships faster than new ones can be built, our Air Force has stagnated in size, and only a fraction of the force is available for combat on any given day. After decades of neglect, the defence industrial base cannot produce major weapon systems in the numbers we need in a timely way, nor – as we have seen in Ukraine – can it produce the vast quantity of munitions required for a great power conflict. Despite these realities, it is largely business as usual in Washington. Dramatic change is needed to convert rhetoric into ensuring and sustaining long-term “military superiority”.
Even the US administration now realises that the US and NATO are losing the war, and support for Ukraine is more reticent.
From the beginning of this conflict, I have been convinced that Russia is unlikely to lose a conventional war against the US or NATO. For example, out of 31 US tanks sent to Ukraine, 20 or 2/3 have been destroyed.
But the real tragedy is the unnecessary loss of many lives on both sides. There is no honour in winning or taking part in a war that only has losers.
But desperate leaders commit desperate acts. And since the US is in a futile fight to avoid its hegemony collapsing, no one can predict what will happen next.
If Kamala Harris wins, the risk of a significant conflict is much greater since she has not committed to ending the war, opposing Trump.
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