Washington's Perfect Storm Of Policy Failure: The Folly Of Massive Money Printing And America's Collapsing Imperium | David Stockman

``... the fiscal doomsday machine continues to crank on; Washington is ignoring the fact that we are six years into a business cycle expansion and we are still running massive deficits and there is no cushion for the next upset that comes to the economy. Now why is all of this important? Because I think the foreign policy failures--the collapse of the American Imperium as I call it--is at the center of this and it will push all of these things in the wrong direction. We are now becoming much more aggressive in our foreign policy than ever before. We can't afford it by any means...''