the decline of the us of a
the us of a spent 750 billion on the war in iraq. when i was young, i thought the US was the best country in the world. i remembered thinking – americans have the best selection of cereals, chocolates and candies. anyone who had a dream goes to the US and find a way to make it come true.
so one of the first things i did when i went to the US was to go to a supermarket. i didn’t marvel at the confectionary aisle, i was shocked at the level of excessiveness. i mean who on earth buys a 5 kg box of cereal? you can’t finish it without it going bad first.
my friend who was about the same age as me bought a meserati – he earns less than 40,000 annually. i asked him – why did they approve your loan? his answer – who cares? they approved it and i bought it.
all these happened a few years before the financial crisis.
so whenever people say, it was guys like roubini, krugman and whoever experts that predicted the fall of the US capital market. i am telling you now it doesn’t take an economic expert to see decline of a complacent giant. i just did not expect the scale of it all.
a year ago, ” experts on bloomberg” said the US is going through a jobless recovery.
i mean like what is f*** is that? it was more like sudden surge of stimulus package that made it looked as though there was a recovery.
but 750 billion on a war. now that is just unbelievable.
instead of infuriating and causing a further divide between the ” so called” axis of terror and the good guys – that money could have been spent on
1.) reforming the education system
2.) facilitating programs that allow american companies to work hand in hand with china. it is absurd to say that china is stealing the jobs of millions of americans. it is more right to say that america did not become better and got stuck.
3.) fund new start ups that could have become our generation’s microsoft/apple.
i recently watched w – the movie that oliver stone directed that was based on george w.bush’s life. if the movie portrayed correctly the life of george bush, i’d retract whatever bad things i have said about him. he was merely a stupid guy who was surrounded by people who had agendas to complete.
i believe that the us of a had overextended themselves. between financing two wars, drastic cuts that they are making in education, the public sector and research and development coupled with giant corporations that are too big and unflexible – it is only the beginning of the end for them.
i believe too that because they have done so many bad things to especially the muslim world, it will come and bite them in the ass. it is astounding to know that the muslim population would actually double in the coming decades.
lessons from the fall of the giant
1.) never assume superiority over anyone. this arrogance makes you dumb and complacent
2.) don’t expect the government to solve your problem. if you cannot find a job, find a way. innovate, change, move countries if you have to – our ancestors are no strangers to that.
3.) reality tv really clouded good judgement and f*** being politically correct.