I wondered for how long the US could carry on financing a lost cause in Iraq & Afghanistan. The $ billions lost each day had to eventually erode the nation's bank-balance.
Coupled with the years of negative savings rate in the US, something was bound to give.
The US has always been good at 'smoke-&-mirrors' - this time, the mirrors began to crack & the smoke lifted. Wonder quite how they're going to fix the mess without putting their hands in their own pockets - for a change?
