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Wannabe reformer to preside over collapse of system:

The crisis in the US is different, and let's face it, it always boils down to economics: the problem in the US is the crushing debt burden, both public and private, which will require some painful changes; the USSR, on the other hand, was a "developing" country at best, over reliant on the export of natural resources for income given that they had no industries that were competitive outside their sphere of influence.

Somewhat ironically, a crash (collapse of foreign debt financing, fall of the housing and/or derivate/hedge fund market) has the potential to leave the US better off in the long run in a number of ways - the military budget benefits a microscopic number of people at extreme cost to everyone else, and overconsumption contributes to very unhappy lives. The USSR / Russia had no such potential.

you are the media you consume.

by MillMan (millguy at gmail) on Fri Jul 6th, 2007 at 04:02:51 PM EST
[ Parent ]
Ladies and gentlemen, I think we have come to the moment, as happens every 6 months or so on ET, where someone brings up this little gem:

http://energybulletin.net/23259.html

Is it a bird?  is it a plane?  Why, no.  It's Dmitry Orlov's "Closing the 'Collapse Gap'"!  Did someone compare the US to the USSR?  Did someone refer to economic collapse?  Never fear.  Orlov is here!    


Come, my friends, 'Tis not too late to seek a newer world.

by poemless on Fri Jul 6th, 2007 at 04:27:19 PM EST
[ Parent ]
I liked that one a lot more, actually.

you are the media you consume.

by MillMan (millguy at gmail) on Fri Jul 6th, 2007 at 04:31:51 PM EST
[ Parent ]
You know, I've been meaning to link to Dmitry Orlov since I read this diary in the morning ;-)

Great minds think alike, and all that.

Can the last politician to go out the revolving door please turn the lights off?

by Migeru (migeru at eurotrib dot com) on Fri Jul 6th, 2007 at 05:44:13 PM EST
[ Parent ]

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