War in Syria could mean financial ruin for the U.S

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

Right at this moment, both Russia and China are strongly warning President Obama not to attack Syria. Russia is not just warning Obama with words, they have sent quite a collection of warships into the region.

Russia is sending three more ships to the eastern Mediterranean to bolster its fleet there as a U.S. Senate panel will consider President Barack Obama’s request for authority to conduct a military strike on Syria.

Russia is sending two destroyers, including the Nastoichivy, the flagship of the Baltic Fleet, and the Moskva missile cruiser to the region, Interfax reported today, citing an unidentified Navy official. That follows last week’s dispatch of a reconnaissance ship to the eastern Mediterranean, four days after the deployment of an anti-submarine ship and a missile cruiser to the area, which were reported by Interfax.

Syria is host to Russia’s only military facility outside the former Soviet Union, at the port of Tartus.

China is also letting it be known that they absolutely do not want Obama to hit Syria.  On Friday, China issued a warning about what military conflict in the Middle East could do to “the global economy”.

“Military action would have a negative impact on the global economy, especially on the oil price – it will cause a hike in the oil price.”

China has also deployed a number of warships” to the region. Western naval sources reported Friday that a Chinese landing craft, the Jinggangshan, with a 1,000-strong marine battalion had reached the Red Sea en route for the Mediterranean off Syria.  According to DEBKAfile, Beijing has already deployed a number of warships opposite Syria in secret. If the latest report is confirmed, this will be the largest Chinese deployment in the Middle East in its naval history.

If the U.S. attacks Syria, Russia and China probably will not take immediate military action against us. But they could choose to hit us where it really hurts.

According to the U.S. Treasury, foreigners now hold approximately 5.6 trillion dollars of our debt. Over the past couple of decades, the proportion of our debt owned by foreigners has grown tremendously, and today we very heavily depend on nations such as China to buy our debt.

At this point, China owns approximately 1.275 trillion dollars of our debt, and Russia owns approximately 138 billion dollars of our debt.

So what would happen if China, Russia and other foreign buyers of our debt all of a sudden quit purchasing our debt and instead started dumping the debt that they already own back on to the market?

In a word, it would be disastrous. The U.S. government will borrow about 4 trillion dollars this year. Close to a trillion of that is new borrowing, and about three trillion of that is rolling over existing debt.

If China and other big foreign lenders quit buying our debt and started dumping what they already hold, that would send yields on U.S. Treasuries absolutely soaring.

As Vladimir Putin noted at the G20 summit, large nations such as India, Brazil, South Africa and Indonesia are all strongly against the U.S. taking military action…

In reply to the question what other country in the world may theoretically be subjected to aggression similar to that Syria is facing, Putin said, “I do not want to think that any other country will be subjected to any external aggression.”

A military action against Syria will have a highly deplorable impact on international security at large, Putin emphasized.

He said he was surprised to see that ever more participants in the summit, including the leader of India, Brazil, the South African Republic, and Indonesia were speaking vehemently against a possible military operation in Syria.

Any American that supports this war is aiding al-Qaeda.

Any American that supports this war is choosing to ally themselves with radical jihadist Christian killers that want to conquer the entire Middle East in the name of Sunni Islam.

If Congress votes to approve this war, then we should do what one site has suggested and send those that vote yes to Syria.

They don’t even have to fight. We’ll just drop them off in the middle of the “rebel forces” and entrust them into the gentle hands of the al-Nusra Front.

But of course they would never go. The ones that will be endangered will be the precious sons and daughters of other Americans.

This is not a war that has a good outcome for America. Conservative voices and liberal voices all over the country are joining together to speak out against this war.

Hopefully Barack Obama will listen and cooler heads will prevail. If not, things could spin wildly out of control very rapidly.

Read more here

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2 thoughts on “War in Syria could mean financial ruin for the U.S

  1. Let Syria fight their own war. Keep us out of it !!!! Why does the U.S.A always butt in other countries problems ? Get us further in debt and more hositlies. Will Washington wake up to the fact?

    • While you have a Muslim President your country will always be drawn in. Obama is part of the Muslim Brotherhood so USA will always get caught up in these issues. Obama will continue to support those terrorists as he is a part of the movement and cannot say no.

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