Darkforum.com - Dark Stories, Dark Art, Poetry, Photography, Debates and Discussions - View Single Post - Could the Iraq war actually bankrupt America?

FriendOfFriend · 09-22-05

I think your'e partly right.

The US has been slowly going bankrupt for over 3 decades now. Most of the economy has been hollowed out by the Japanese, Chinese, Mexicans and even Europeans. It may suprise a lot of people, but Germany, France, Britain and even Spain and Italy now own large chunks of the American economy.

Ronald Reagan got the US into big debt with the FRB during the 80's, and so did Bush senior. Clinton stopped (for a while) the mushrooming of foreign trade deficit and debt bubble, however, Bush jnr has wiped all that out and has made the US the largest debtor on the planet.

The Iraqi war is another burden, which you quite rightly pointed out is what the 'insurgents' know and will use to weaken the US. All in all I think it's a combination of things which are bankrupting the US, and the Iraqi war is one of them.

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