Beyond the American debt crisis

Jameel W. Karaki

I do support the right of Americans to express their anger whether through democratic institutions or by organizing protests or even invading New York Stock Exchange (NYSE) just to send a message to American politicians that the country reached a turning and critical point. The current situation in USA reminds me of the current situation in some Arab States where citizens have no idea about what is exactly going on but they only thing they know that they are angry.

What happened in USA that decisions makers were so busy in watching others affairs and playing the role of the “Global Police Officer” who is forced by the name of justice to conquer states, kill and destroy civilizations with the cooperation of some Arabs as well as Europeans. Furthermore, the American economical model didn’t recognize the equitable distribution of wealth, and promoting prosperity for Americans (As well as since USA is financing its GDP through the savings of the world.)

With the biggest mountain of debt in the history of the world, the result of the foolish decisions of the past several decades The U.S. economy is experiencing structural failure and the American people are angry since the only thing they hear is statements without witnessing in improvements in the labor market or services.

President Obama now is urged to offer real economic solutions as well as republicans instead of creating all this drama on TVs. However, As a president, Obama should also prosecute those corrupts who looted the wealth of nations unjustly through their limited vision toward the fact that USA shouldn’t be anymore the “ God of peace and war” but a nation that focuses on internal economic development that deals with real tangible assets by withdrawing its forces from the region and investing the healthcare and educational system.

On one hand, it makes no sense that USA didn’t know or expect this or even planned for this crisis by strategies developed by the Zionist lobby and the Neoconservatives. What will happen now, the money that will be used to be invested in the assets of defaulters won’t be taken from the pockets of tax payers or the pension funds but from the Arab oil money, savings and the frozen accounts of the collapsed tyrants. Furthermore, if we look at the solutions adopted to deal with the economic crisis followed by the sudden wake up in the Middle East, we can understand what colonial countries such USA would fabricate international economic crises to control the assets or what is left at American and European banks by freezing it.







On the other hand, someone might argue that the crisis is real and USA is living the darkest eras ever especially with the high levels of unemployment and the shaking of the social insurance system to meet the demands of citizens. Additionally, Irene Hurricane did a great job in making things worse, not to mention the American failure in imposing new sanctions on Iran, the increase in the Chinese exports to the Arab region, and the Russian movement in the Caucasus after the Withdrawal of the Czech Republic from the Convention of the missile shield.Furthermore, some people might argue that this crisis is because of dealing with intangible assets which led to a series of bubbles that yielded un real economies that is solely dependable on expected future value with no consideration to the real present value.



Taking a humble look by a primary school kid would lead to the conclusion that the Middle East area that I would recommend to receive wars since it is a piece of cake for the west to do so for the following reasons, there is the Arab-Israeli Conflict, the Arab Spring, the Sunni-Shiite strife and the Iranian nuclear program.



But so many questions rise to the surface, would a war become the result of severe American economical crisis where the American debit reached approximately $14 Trillion? Would the west keep igniting wars in as a shelter and solution to their economical crisis? Is it the beginning of the end of the American economy or the end of my conspiracy theories?