SocraticGadfly: Is post-peak America now here?

November 01, 2009

Is post-peak America now here?

The perceptive Michael Klare, who writes on energy and national security issues for The Nation and elsewhere, argues that the greedy clusterfucks at Goldman Sachs, AIG, et al, leading to the economic crack-up that has the dollar in the crapper have brought 2025 15 years closer.

And, while the American public will have to deal with lesser American power, and the continued attempts by G. Sachs et al, and its bipartisan supporters to shit on them, ultimately, G. Sachs won’t come out on the high side either.

Of the four BRIC countries of Brazil, China, India and Russia, the Chinese dictatorship and the cult of Putin have no room for Sachs. Neither do the Russian Mafia. Brazil, as a Latin American nation, will retain its skepticism of American banks. India likely will have at least some of that.

And, the EU, with a Eurozone larger than the U.S. and dedicated to tougher regulatory reform, will be no homeland for it either.

So, way to go, greedy American financial clusterfucks — you pulled your own house down on your own head.

No comments: