It's us (USA) against the world now.

Recent moves by the FED are guaranteed to cause the dollar to continue to decline against foreign currencies. A declining dollar guarantees that prices
of commodity-based assets and other asset classes like stocks are going up.

This policy will stimulate our economy but eventually, say over the next couple of years, this will spark countermeasures by countries whose exports get hurt by the steadily increasing value of their currencies and hence higher export prices.

There are advantages to being the largest economy in the world. One of those is the ability to force other countries to accept our economic policies simply because they must trade with the USA to survive and grow. But we had better take advantage while we still can. This may be our last chance to flex our economic muscles before China holds the whip and we’re doing the genuflecting.

If we come to our senses and quit blowing the nation's resources on the bloodiest military decade since the Vietnam era we may hang onto the benefits this current FED policy gives us relative to the rest of the world.

Here is what happened.

Centuries ago marauding militaries cost their home treasuries a small fraction of the bounty they generated by planting their country's flag on someone else's soil. After the conquering heroes secured the land the invading countries "businessmen" moved in to exploit the resources of the vanquished land. The damage done to the host country and its people were largely ignored or kept under the radar, politically speaking. In other words, the spoils of war far outweighed the cost.

Today things are different. Hiding under the radar is less and less feasible so political capital is at risk on these military adventures, as Barack Obama is finding out. At the very least, in order to survive world opinion, we are forced to repair the damage our military causes while wasting our resources on useless offensives. Chasing long dead terrorists as an excuse for war is growing old.
Worse, as recent history has proven, we don't even get any spoils to speak of.

So we need to quit this medieval crap. Being as bloodthirsty as the Khan may be fun for the nation but we can't afford it anymore. It is time to try civilized behavior for a change. Buying people's love and affection is just so darned cheaper than killing them that we need to take mass murder off the table.