Time was when the U.S. was the greatest economic empire in world history. The dollar was strong and the U.S. was the world’s largest creditor. Immediately following World War II, the U.S. was fiscally sound, militarily powerful, and the rest of the world was weak and heavily damaged from massive warfare on worldwide theaters of battle, from which the U.S. was excluded as a battlefront.
Within a few years, the U.S. began to overreach. The Korean War was a disaster, followed by the Vietnam War. Inferior military forces fought the powerful U.S. military to a standstill, despite overwhelming U.S. firepower and hugely disproportionate loss of life by U.S. opponents. The U.S. built military bases by the hundreds around the world to support U.S. corporate interests, while engaging in a hugely expensive Cold War that increasingly exhausted the U.S. Treasury.
U.S corporations and industries continually liquidated natural resources on the North American continent, exhausting topsoil, fresh water, timber, fisheries and simultaneously polluting the environment and building up harmful greenhouse gases, altering the global climate.
The needs of the U.S. Empire were long assumed by the U.S. public to be congruent with the best interests of the American public. Duplicitous politicians convinced the public that tearing down American bit and its infrastructure and its industrial base were somehow in the public interest. The people were manipulated and bamboozled by marketing, materialism, distractions of sport and entertainment, and enslaved to massive personal and national debt.
By 2008, the U.S. no longer has its former industrial base. The people and their government are heavily in debt. The dollar is weak and stands the prospect of losing its status as the world’s reserve currency. The U.S. wages wars, but cannot defeat any country larger than Grenada.
The U.S. can no longer frighten the world. The U.S. can no longer control the world. The U.S. can only destroy the world, but in so doing, will guarantee its own destruction.
But Americans are taught to believe the U.S. is omnipotent, righteous, and intrinsically superior to the rest of the nations of the world.
Reality must set in, and events of the past few months provide a preview of further decline and eventual total fall and subsequent irrelevance of the U.S. Empire. The New American Century is a hoax. The only real question is whether the U.S. will decide to destroy the world rather than admitting its failure as the world’s greatest empire. The U.S. can no longer control the world, but can destroy it.