Big, Beautiful Apocalypse

Occasionally Congress bleats objections to foreign powers purchasing land around "sensitive" areas, such as military installations. Some sabres are rattled in press releases and there are fiery speeches, but in the end, the bills quietly die in subcommittee. Nineteen years ago, the concern was about U.S. ports, but that also fizzled out before long.

The plain fact is that Congress' reckless deficit spending requires a substantial infusion of foreign capital. The more Congress ramps up the deficit and thereby debases the dollar, the more this country's hard assets become the bargaining chip. One day, these cartoonishly ballooning deficits will sap all confidence in the system, and the dollar will go bust. We will become post-apocalyptic in the span of a few months. That is when foreign powers holding our treasury bonds will come for their due in farmland, nuclear facilities, hydroelectric plants, mines, military hardware and other hard assets. They will cart away anything not nailed down, and/or shuttle in their own agents to operate the assets stateside.

Some may organize opposition to the new ownership. Those who muster enough scant personnel and materiel for this purpose will be venerated as heroes.

Sooner or later, big beautiful bills lead to big beautiful warlords.