The next decade will be the perfect storm for America
GEORGE NOGA
JUN 11, 2023
On January 1, 2022 I distributed a post entitled Annus Horribilis in which I wrote that the coming year would contain a phantasmagoria of horrors. My predictions included:
- Russia invades Ukraine; China and Russia form an entente
- Iran races toward nuclear weapons and North Korea resumes missile testing
- The US has double-digit inflation, uncontrolled spending and huge deficits
- Biden is non compos mentis; his administration, chosen solely on identity, would open the borders, cripple US energy production and promote lawlessness.
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The only major prediction I muffed was that China did not invade Taiwan. Read this post for yourself on our website: www.mllg.us. My 1/1/22 post was the only time in 15 years of blogging I made any such predictions. That I was prescient is not attributable to any special insight or clairvoyance; the predicates were in plain view and many of the dots already were connected. And so it is again for the next decade.
The 2030s will be a perfect storm for America
I derive no pleasure whatsoever from these predictions and hope, against hope, that somehow I am wrong. But again, all the predicates are hiding in plain sight and all the dots are starting to connect – just as they did for 2022.
- The debt (spending) crisis reaches critical mass and goes thermonuclear. Government no longer can borrow money because it is incandescently obvious to all there will be no repayment. Initially, the Fed will print money, but it will lead to runaway inflation and $100 trillion banknotes. The ensuing Great Debt Crisis will be on a par with the Great Depression and last for a (lost) generation.
- Social Security and Medicare go bust. This is a no-brainer; even the trustees for these programs warn the funds will run out in the early 2030s. The government will use general revenues to prop up current benefit payments while making significant reductions – mostly applicable to future beneficiaries.
- Geopolitical risks abound. China, which will have taken Taiwan long before 2030, will be the undisputed hegemon in the Asia-Pacific theater and will replace the US for global leadership. While the US is mired in the throes of its Great Debt Crisis, North Korea may invade South Korea and a nuclear-armed Iran will become the hegemon in the Middle East and threaten Israel. Nuclear proliferation will spread to Japan, South Korea, Saudi Arabia and others.
- Because of the Great Debt Crisis, the ability to defend the homeland and our allies is severely compromised. America’s greatest strength is a strong economy and ours will be in critical condition. We will be lucky to avoid a major war.
- The US dollar no longer will be the world’s reserve currency. This greatly exacerbates the Great Debt Crisis and forces Americans to pay more (much more) for most of the products they buy – especially energy.
America in the 2030s
Imagine a world with the USA mired in the 20-year Great Debt Crisis with the loss of social cohesion, breakdown of law and order, bankrupt Social Security and Medicare, the Yuan as the world’s reserve currency and facing multiple geopolitical threats with a greatly depleted defense. What if China, Russia, North Korea and Iran formed a compact and threatened us simultaneously in several different places?
Americans chose to worship false gods
How did America get to such a desperate place? We refused, and continue to refuse, to control our spending; we kicked the can down the road until there is no road left. But, most damning of all, we ignored The Gods of the Copybook Headings¹, i.e. the collective wisdom humans acquired since they first came down from the trees.
We chose instead to listen to the false gods of wokeness, climate madness, identity politics and lawlessness. They (politicians) promised us it would be different this time; they promised us the moon was Stilton. They promised us the real problem was white supremacy. They promised us we could spend without restraint, worship on the altar of climate madness and wokeness and let criminals go free.
Throughout the ages, whenever men have worshipped false gods, inevitably the Gods of the Copybook Headings, with terror and slaughter, return!
1 Poem: The Gods of the Copybook Headings by Rudyard Kipling, October 1919.
© 2023 George Noga
More Liberty – Less Government, Post Office Box 916381
Longwood, FL 32791-6381, Email: mllg@cfl.rr.com