The petrodollar only became a thing because fossil fuels powered the armies of the world. As we migrate to other resource constraints, the power balance will shift. But control of those resources will continue to fix the value of fiat currencies.
The US military is the real currency of the realm. And that's as bloated and globe-spanning as ever.
Let me know when we've lost our first aircraft carrier. That's what will really spell the beginning of the end.
One was scuttled "after being used for a target" (Note: This one (Saratoga iirc) was parked in Bikini Atoll for a hint at what the test was)
One was scuttled to make an artificial reef
...and 13 were destroyed in WWII, the most recent in 1946. Once by a German U-boat, and every other instance was either by the Japanese or other American ships (scuttling after crippled by Japanese so they could claim it wasn't destroyed in combat.)
The petrodollar only became a thing because fossil fuels powered the armies of the world. As we migrate to other resource constraints, the power balance will shift. But control of those resources will continue to fix the value of fiat currencies.
The US military is the real currency of the realm. And that's as bloated and globe-spanning as ever.
Let me know when we've lost our first aircraft carrier. That's what will really spell the beginning of the end.
To be precise, we've lost 16 aircraft carriers.
One was scuttled after being used for a target
One was scuttled "after being used for a target" (Note: This one (Saratoga iirc) was parked in Bikini Atoll for a hint at what the test was)
One was scuttled to make an artificial reef
...and 13 were destroyed in WWII, the most recent in 1946. Once by a German U-boat, and every other instance was either by the Japanese or other American ships (scuttling after crippled by Japanese so they could claim it wasn't destroyed in combat.)
:-p Ok, let me know when we lose our next aircraft carrier.
:rat-salute:
Of course!
The precision here is so that we don't discourage people by making them think these monstrosities are infallible. These fuckers can blow up just like anything else, people just don't like to talk about it.