Is our dollar backed by nuclear warheads?
Ever since the end of WWII, and the invention of the atomic bomb, the United States has been the Superpower of the world.
Recently, as Dr. Paul said, we've been invading Third World countries with no army, navy, or airforce. We are saber-rattling. We did it again in Georgia, and now Russia has lost 73% of its wealth in two months.
We've borrowed all of this money from overseas, and we're worried about our National Debt. How do we know that the President won't just declare a forced majeure? What are the lenders going to do, nuke us?
It seems to me that we will default on our payments, and nuke any country that threatens us, thus causing the rest of the foreign investors to cave.
We are no longer the policeman of the world, we are the bully. After we take Iran's lunch money, who will be next?
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