The Happy Decline of the USA

One of the few cheerful bits of news about the future of earth is that the USA is making itself more and more irrelevant. It is abandoning technological innovation to other countries. It is rapidly going bankrupt, so its influence as a world power is waning. It currently gets a free ride from all other countries because they all use the US dollar as the petrodollar (to buy and sell oil and oil futures). That won’t last much longer.

~ Roedy (1948-02-04 age:69)