Have you ever wondered why the US is able to spend so much on its military? Ever wondered why the US keeps on printing the dollar that's not backed by any gold reserve and other nations still give you real things such as food, resources, goods in exchange for it?
Here's a hint! It's your military. To put it bluntly, European nations and other US allies pretend the dollar has actual value and the US in turn guarantees security and backs the world order based on the rule of law.
Looks like the US is looking to pull out of its end of the deal. That's fair enough, being the world's policeman is sure a heavy burden to carry. I just don't see many people recognizing the implications for the US economy.
Here's a hint! It's your military. To put it bluntly, European nations and other US allies pretend the dollar has actual value and the US in turn guarantees security and backs the world order based on the rule of law.
Looks like the US is looking to pull out of its end of the deal. That's fair enough, being the world's policeman is sure a heavy burden to carry. I just don't see many people recognizing the implications for the US economy.