Re: the future long term financial apocalypse of the USA

On Sat, 11 May 2024 12:29:44 -0600, John Savard
<quadibloc@servername.invalid> wrote:

On Fri, 10 May 2024 13:17:42 -0500, Lynn McGuire
<lynnmcguire5@gmail.com> wrote:
>

For those who are interested in the future long term financial
apocalypse of the USA,

>
And here I was thinking this would be an off-topic post, about
non-fiction works explaining why such an apocalypse was inevitable.
>
Indeed, this is a scenario for many possible stories. The Mad Max
movies come to mind.
>
Myself, I wish that economics were more of a science, and less of a
way to apologize for ideologies, so that we could find books correctly
and accurately explaining how to avert said apocalypse.
>
Techniques exist. Hitler got Germany to build vast amounts of
armaments despite the Great Depression. Russia is able to build
weapons for the war on Ukraine despite crippling sanctions.
>
It is entirely possible to make a country as prosperous as the
"fundamentals" allow, instead of surrendering control to the stock
market and foreign exchange markets. And, not only that, given the
fact that the Allies were able to respond to Hitler and win World War
II, after FDR's New Deal was largely ineffective (so I've heard it
claimed) in ending the depression... it seems to me that our
politicians know this perfectly well, and know exactly how to do it,
but they just prefer to have millions unemployed. Even the Democrats,
even if the Republicans would like a few more unemployed and are more
willing to revel in it.

Why, yes, I can understand why someone could have voted for Trump in
2016. Even if those who voted for him in 2020, and those who will vote
for him, if they can, in 2024, remain alien to me.

John Savard