Paul Craig Roberts: Counterpunch
The author of this link muses on whether Amerika will need the International Monetary Fund to bail them out of a debt crisis. One might wonder what would happen if the IMF refused. In the free world, most are disgusted with Bush's imperial pursuits and some might question the wisom of financing the bankrupt dollar anyway.
The article also reveals that the true cost of the war in Iraq is almost 30 times more than Bush's own estimate, with dark implications for an already shakey economy.
One thing about all this does scare the shit out of me. Were we all to stop buying dollars for trade and subsequently force Amerika to face the reality of having less income than its expenditure, it is all too comfortable to predict that without available funding its military muscle would go limp. This, however, does not solve the problem an it having an existing nuclear arsenal capable of destroying the planet several times over. Were Bush forced to consider using the weapons of last resort to get his way, I would not trust him to hesitate for a second.
If the IMF or other world bodies ever needed to come to the aid of the US, then Amerika should be forced to give up both state terrorism, foreign occupation and its own weapons of mass destruction. After all - isn't that just what they are demanding of the rest of the planet! Hypocrisy is just not acceptable and if it takes the fall of their wasteful consumerist charade to ram the message home - so be it.
Later.
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