My friend Paul W. wrote the following in a recent email...
Seems to me that one prong in the neocon strategy has been to manage the creative destruction of the US Dollar based global economy and reduce the expectation of consumers who are conditioned to use as much possible energy to make the economy grow. This strategy also disempowers uppity workers who expect things like living wages and benefits.
It does seem like the neocons have lost control of the deleveraging operation, but I think the operation has long been anticipated to be one with numerous "known unknowns." When I recall how some imagined the death of the US Dollar might unfold, the operation seems comparatively orderly so far.
The US is being transformed such that its mercenary forces will increasingly be one of its major exports (and one of remaining opportunities for people to "better themselves").
The US state is a less important client of US mercenary forces because it can no longer be ignored that the US state is broke. The US consumed most of the resources within its territory as quickly as possible without consideration of the future (and lost moral authority by trying to impose this behavior on other people and other states).
One reason the US burned through its resources, is because the US has tended to behave like a colony rather than a sovereign state, extracting value for the benefit of masters in the global plantation house.
Those who act from behind the curtain of transnational corporations (and similar artificial entities) are now the primary market for US mercenary forces. That is why US forces are taking possession, and defending the possession, of resources in far away places on behalf of their clients.
We don't need no stinkin' factories. We have mercenary forces for hire.
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