A Massive Economic Disaster – War Against Syria

Posted by Michael Snyder via Peter Grandich

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What If War Against Syria Causes China, Russia And The Rest Of The World To Stop Buying US Debt?

Can the U.S. really afford to greatly anger the rest of the world when they are the ones that are paying our bills?  UnknownWhat is going to happen if China, Russia and many other large nations stop buying our debt and start rapidly dumping U.S. debt that they already own?  If the United States is not very careful, it is going to pay a tremendous economic price for taking military action in Syria.  At this point, survey after survey has shown that the American people are overwhelmingly against an attack on Syria, people around the globe are overwhelmingly against an attack on Syria, and it looks like the U.S. Congress is even going to reject it.  But Barack Obama is not backing down.  In fact, ABC News is reporting that plans are now being made for a “significantly larger” strike on Syria than most experts had expected.

If Obama insists on going forward with this, it will be the greatest foreign policy disaster in modern American history.

….read more HERE