Changes

This is how miscalculations occur, for example thinking the [[Russian Federation]]'s [[GDP]] was smaller than Spain or the Netherlands. The entire US economy became bloated and overvalued relative to comparisons with other nations, which is reflected in global statistics due the [[US dollar]]s status in the global financial system. The US taxpayer has eaten the cost - through inflation - over decades and decades while at the same time creating the [[military industrial complex]] bubble, which was paid out in research, labor, maintenance and service costs, and not building the appropriate stockpile reserves needed in the event of war with a peer power.  

This is how miscalculations occur, for example thinking the [[Russian Federation]]'s [[GDP]] was smaller than Spain or the Netherlands. The entire US economy became bloated and overvalued relative to comparisons with other nations, which is reflected in global statistics due the [[US dollar]]s status in the global financial system. The US taxpayer has eaten the cost - through inflation - over decades and decades while at the same time creating the [[military industrial complex]] bubble, which was paid out in research, labor, maintenance and service costs, and not building the appropriate stockpile reserves needed in the event of war with a peer power.  

[[Category:Essay]]

[[Category:Essays]]