Dr.Who
Well-Known Member
For a few days now I have been hearing critics and fans talk about the presidents handling of the Iran deal. The vast vast majority of the criticism has been on how the US allowed Iran more freedom to keep their program than they had before but gained nothing in the course of the deal.
Putting that up on a shelf for a moment I have been watching the economy with new eyes. A lesson that has been taught to me is that right now the US debt is the driving force behind a huge number of economic and political decisions. There is less in the news than one would imagine there should be when our country is so far in debt as to be unsustainable in the very near future if that has not already happened without our knowledge. I hope that the gov, the fed, and other movers and shakers can find a path out of this trap we find ourselves in but at the same time I don't see too many ways out.
If I were to devise a plan to fix this mess it would certainly not include making the people more dependent on government and less able to produce goods and services so that through their efforts our economy might actually heal. But that seems to be exactly what both political parties want. Do they know something I don't know? Is it already too late? Are those crazy, and I do mean crazy, rumors about FEMA camps actually rumors about a means to protect Americans when TSHTF? maybe universal health insurance even with death panels is exactly what we need in a Mad Max world? Lets hope that crazy talk like that really is crazy. After all the rumors of the NSA building massive computers to spy on all of our communications turned out to be false...
Anyway, back to that item on the shelf. Why would the President make a deal in which he gains nothing but gives up sanctions on a country that is producing uranium? Well the answer is that he did not gain nothing. We are in a ^&^% load of trouble when it comes to our debt. The dollar is poised to lose value in a massive way compared to gold - the benchmark comparison. And what has Iran been doing recently? Iran the fourth leading producer of oil. Iran has stopped selling oil for dollars, that's what they did. They started trading oil for gold. And that is an action that has the serious potential to destabilize the dollar sending it into a death spiral much like will happen to Obamacare unless both receive intensive care.
And using the principle of economic determinism, this time the major determinitive factor being our debt, the president in his deal with Iran let them keep their uranium and in exchange they will stop trading their oil for gold.
Now let that sink in. Our dollar is in such jeopardy that it is better to let a rogue nation that would love to drop a nuke on us keep working on their nuclear program rather than to let them keep trading oil for gold. If our economy falls apart we will be in no position to stop Iran from developing nukes. But if the economy struggles on (at the expense of the vast majority of everyday Americans who foot the bill while Washington Cronies get rich) then at least we can fight Irans nukes another day. I sure hope it is not too late by then.
Putting that up on a shelf for a moment I have been watching the economy with new eyes. A lesson that has been taught to me is that right now the US debt is the driving force behind a huge number of economic and political decisions. There is less in the news than one would imagine there should be when our country is so far in debt as to be unsustainable in the very near future if that has not already happened without our knowledge. I hope that the gov, the fed, and other movers and shakers can find a path out of this trap we find ourselves in but at the same time I don't see too many ways out.
If I were to devise a plan to fix this mess it would certainly not include making the people more dependent on government and less able to produce goods and services so that through their efforts our economy might actually heal. But that seems to be exactly what both political parties want. Do they know something I don't know? Is it already too late? Are those crazy, and I do mean crazy, rumors about FEMA camps actually rumors about a means to protect Americans when TSHTF? maybe universal health insurance even with death panels is exactly what we need in a Mad Max world? Lets hope that crazy talk like that really is crazy. After all the rumors of the NSA building massive computers to spy on all of our communications turned out to be false...
Anyway, back to that item on the shelf. Why would the President make a deal in which he gains nothing but gives up sanctions on a country that is producing uranium? Well the answer is that he did not gain nothing. We are in a ^&^% load of trouble when it comes to our debt. The dollar is poised to lose value in a massive way compared to gold - the benchmark comparison. And what has Iran been doing recently? Iran the fourth leading producer of oil. Iran has stopped selling oil for dollars, that's what they did. They started trading oil for gold. And that is an action that has the serious potential to destabilize the dollar sending it into a death spiral much like will happen to Obamacare unless both receive intensive care.
And using the principle of economic determinism, this time the major determinitive factor being our debt, the president in his deal with Iran let them keep their uranium and in exchange they will stop trading their oil for gold.
Now let that sink in. Our dollar is in such jeopardy that it is better to let a rogue nation that would love to drop a nuke on us keep working on their nuclear program rather than to let them keep trading oil for gold. If our economy falls apart we will be in no position to stop Iran from developing nukes. But if the economy struggles on (at the expense of the vast majority of everyday Americans who foot the bill while Washington Cronies get rich) then at least we can fight Irans nukes another day. I sure hope it is not too late by then.