I am actually convinced that the last year started the descent of the U.S. as the world’s super power. No wonder U.S. treasuries lost trust. It’s only going to get worse. It doesn’t matter what some billionaires do/get from their ability to manipulate some powers be. The rest of the investment community understands that free markets are strengthened by rule of law and adherence to the law and deploying a self styled socialistic distribution of economic capital is not signaling strength but weakness to the world.
My parents refused to digitize their precious memories stored in VHS tapes. We’ve watched them every few years, and whenever I’be tried to convince them to digitize the tapes, my dad says “oh we’ve been hearing about vhs tapes degrading forever now, it still works”
Meanwhile the video fades more and more every few years, you can barely even make out faces and objects in the frames now. But it’s happened so slowly that he never really realized that it was happening all along
Dreaming of the day where the average non-American doesn't know who the US attorney general is, the name of their secretary of war, and the details of every internal political machination.
I don't mind the name change because it more correctly signals what the position has always been -- a secretary of war with a "secretary of defense" mask on.
You say that, but the world has been a relatively peaceful place since the US became the world's only superpower. The "multi-polar" world the Europeans are always dreaming about could very well be one in which much of Europe looks like Ukraine today.