Why Popping the Credit Bubble Would Destroy the US Empire

Posted by Bill Bonner, Daily Reckoning

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drbubble

drbubbleComing off successes in Iraq and Afghanistan, it makes sense that the US should send troops to Ukraine, no?

When we first read this in the Washington Post, we thought it might be a late April Fools’ Day joke. Then we discovered the writer was sincere about it; apparently, James Jeffrey is a fool all year round:

The best way to send Putin a tough message and possibly deflect a Russian campaign against more vulnerable NATO states is to back up our commitment to the sanctity of NATO territory with ground troops, the only military deployment that can make such commitments unequivocal.

To its credit, the administration has dispatched fighter aircraft to Poland and the Baltic states to reinforce NATO fighter patrols and exercises. But these deployments, like ships temporarily in the Black Sea, have inherent weaknesses as political signals. They cannot hold terrain – the ultimate arbiter of any military calculus – and can be easily withdrawn if trouble brews.

Troops, even limited in number, send a much more powerful message. More difficult to rapidly withdraw once deployed, they can make the point that the United States is serious about defending NATO‘s eastern borders.

And why not?

The US has a global empire, supported by an unprecedented mountain of debt. All bubbles need to find their pins. And all empires need to blow themselves up. What Jeffrey is proposing is to speed up the process with more reckless troop deployments.

We’re with him all the way…

Push ol’ Humpty Dumpty off the wall and get it over with… so the US can go back to being a decent, normal country without phony “red alerts”… “see something, say something” snitches… and a trillion-dollar “security” budget that reduces our safety.

But we doubt it will be that easy. Empires do not go gently into that good night…

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