Random thoughts and things which would be nice to remember ... documented mainly for myself
Monday, September 28, 2009
US economy collapsing in 5-10y?
The amazing speed and depth of increasing federal US dept has been mind boggling... Marc Faber says US will collapse in 5-10y. Sort of what make sense but I think not ( not that it matters). The US military only with it's huge development efforts will keep US in the front of all key technological developments. Not to mention that eventually it all comes to physical power... which is layer 1 force, whereas economy is layer 1andahalf force. Or, is it that economy is overtaking military power as key survival factor even in the nuclear age?
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