I think the Democrats will present a less aggressive and much more cooperative America to the World and that should be welcomed.
However, for the US economy to find a solid stable base there needs to an acceptance of the New World Order. America needs to understand that the last 50 years have been something of an extended all expenses free holiday, but now they need to get back to economic fundamentals and redefine their role in the World. At the moment, what we are getting from the democrats is more Government Stimulus packages and Gas Tax Holidays. This is going to do nothing to rectify America's economic woes. Unless, they are prepared to bite the bullet and get their house in order, we are likely to see hyper-inflation, economic destruction and dire poverty.
Am I mocking them? No, I don't believe I am. I have lived through the kind of problems that they are now facing. Hopefully, my insights and experience will be of benefit to them. If they had listened to me a while back they might have already mitigated some of the damage. However, it would seem that few have heeded such advice to date. The way things are it is going to be like turning up at the Family Planning Centre with six kids and asking for the Plan.
What people need to understand is that this is not just another recession. This is an end of empire scenario.
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Yours RD.
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