• @folaht@lemmygrad.mlOPM
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    2 years ago

    That’s not going to happen.

    “The whole thing with Russia” is happening during US worst economic position in it’s history and with an EU that has run out of gas.
    The sanctions are going to help Russia and the fact that they’re being done showcases an extreme level of arrogance, delusion and foolishness with not just the politicians, but also it’s media and civilians.
    It’s Hong Kong 2019 levels of arrogance that we’re seeing today in the EU.
    An explosion of anger with fading power.
    The sanctions are going to bankrupt the US, Canada, UK, EU and Japan.
    And Australia, New Zealand, Taiwan, Singapore and South Korea will suddenly find themselves in a China-dominated part of the world.
    Once that happens, and once Russia wins in Ukraine, adding insult to injury, you can expect the US power vacuum to be filled with anti-US forces in all shapes and forms. Expect chaos, coups, civil wars and invasions in your country comparable to Arab Spring.

    In fact, Ukraine is currently example #1.
    Before this we saw US influence being succesfully resisted during 2011-2021.
    Starting with Syria, Lybia, Ukraine (Krim), Hong Kong, Thailand, Myanmar, Belarus and then Kazachstan.

    And if history is any example and discounting an invasion into Taiwan, EU will be the power that will fall first. Some country is going to get out of NATO and join Russia.

    • @Mystery_Man@lemmygrad.ml
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      42 years ago

      That’s not going to happen.

      What isn’t? I only really made one, maybe two, ‘sort-of’ predictions. I really only said that once the Russia-Ukraine war is over, maybe 6 months after, the USA public will have mostly moved on, because they have notoriously short memories.

      The sanctions are going to bankrupt the US, Canada, UK, EU, and Japan.

      It’s literally not possible for a country that enjoys total control over its own currency to go bankrupt. That applies to the USA, Canada, UK, and Japan. The EU might also apply as a whole but not any member country. No country with monetary sovereignty can default when the debt is written in its own currency.

      I don’t know how it is that you have come to this position, what analysis you have done, but it seems overly optimistic to me.

      • @folaht@lemmygrad.mlOPM
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        2 years ago

        the USA public will have mostly moved on, because they have notoriously short memories.

        That’s the part that’s not going to happen. The US is going into hyperinflation.
        EU too. I live in the EU and gasoline prices here are already spiraling out of control.
        I just walked past my local gas station. It’s $10 a gallon now. Last month, $8, last year $6.
        No one is going to forget an economic collapse.

        It’s literally not possible for a country that enjoys total control over its own currency to go bankrupt.

        My apologies. I mean they’ll collapse economically. The US and EU government debts are far beyond danger levels and now we’re economically blocking the very nation that has the least debt and the best energy resources.