In brief I’m saying the Big Picture is our country trying desperately to maintain a standard-of-living (and status as World’s Policeman), when our evolving global role and aging economy cannot support it. This denial has lead to our unsustainable debt burden held primarily in hands of foreign nations, but the Spoiled Child (USA) has the ability to devalue that debt, which will be the only, inevitable way forward.
I believe this also explains why Bush is our current president. He is the personification of and projection of our National Denial of our diminishing world role, and decline in our standard of living. He is the cowboy standing tall with guns raised, screaming at the world, “The USA is still GREAT!” He also keeps the national credit card raised high, welding it in uncontrolled spending to maintain the myth we are still rich.
