this post was submitted on 11 May 2024
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It's very obvious that amerikkka is circling the drain now, but clearly this didn't just happen in a vacuum. It must've started crumbling at some point... but when?

Some people might say it started after 9/11, others might say it goes back to the Raegan administration. A few might even say it started after losing the Vietnam War, or when they went off the gold standard. Or maybe even earlier...

What do you think? three-heads-thinking

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[–] muad_dibber@lemmygrad.ml 4 points 6 months ago* (last edited 6 months ago)

Agree with this. The post-ww2 period was the height / peak of US power, militarily and economically, and by the 70s it started it's slow decline, esp in manufacturing. They do a lot of things to forestall it, like converting from an industry to finance capital, but you can't keep that up forever.