Economy
In reply to the discussion: Weekend Economists Second the Notion! December 12-14, 2014 [View all]Demeter
(85,373 posts)I would add: what capital in Europe? Germany wants their gold back...
Nobody in their right mind would send capital to USA, now that Glass-Steagal is dust. That was the only reason people would trust USA with their money in WWII...the bankers were on tight leashes. People knew they would get their money back, with interest. Now, with all this chicanery, all bets are off.
There won't be any New American Century because we have nothing (nothing!) to offer the world that it can't get better and cheaper and with less hassle and NSA snooping somewhere else.
I have to wonder which Evil Genius it was that decided to Collect Everything....I could see Dick Cheney just killing for the fun of it, but collecting blackmail material is too subtle for him. Hoover was long dead before this got out of hand...Nixon was disgraced.
Looks like Poppy is the only Mastermind left to blame. Of course, by now the thing has taken on a life of its own. It will take some serious enforcing to make it go away.