Table of Contents
United States of America
The United States of America (USA) is a constitutional republic in North America since 1776.
History
Hegemony
Controversies
- Jan, 2022 - The U.S. Has Killed More Than 20 Million People in 37 “Victim Nations” Since World War II.1)
Economy
By most measures, the U.S. economy is the largest in the world, owed largely to an active science and technology sector that powers an extremely diverse collection of industries.
Economic Divergence
- Feb, 2004 - James Howard Kunstler talk: The ghastly tragedy of the suburbs.2)
Modern Economic Timeline
1995
In 1995, the U.S. Federal Reserve Bank promised to back (insure) subprime mortgage bonds.
1997
In 1997, velocity of the dollar peaked3), and likely will never reach the same levels. The growth of the mortgage bond and more generally debt markets all but ensured that outcome.
2009
The phrase “green shoots” was used to describe the rebuilding of pieces of the U.S. economy in the wake of the mortgage bond collapse, but that looks optimistic in retrospect.
2010
Tim Geithner promised a “recovery summer” in 2010, but that never really took shape.