[lbo-talk] Blue Dogs cashing in

dredmond at efn.org dredmond at efn.org
Fri Jul 24 06:42:51 PDT 2009


On Thu, July 23, 2009 6:33 pm, Wojtek Sokolowski wrote:


>> Just as clearly,
>> the US has no strategy to deal with the multipolar world.
>
> [WS:] Well, it does pawn the family silver to buy time and coast, which
> is a strategy of a sort, especially for a plutocracy with underdeveloped
> central nervous system, no?

True, and the final irony is that hocking the silver won't buy them more than a couple years anyway. The semiperiphery is only buying T-bills these days -- no financial bubbleware, no junk from the family attic.

-- DRR



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