We're considered privileged is one problem. Also, when N Korea talks shit nobody cares. If the US is your neighbor and seriously discusses invading you, that is a very serious problem. People are sick of US bullying and the US dollar being held above their head, along with access to marine trade routes. If Europe makes the Euro the reserve currency or BRIC moves to make one and everyone divests in US bonds, we are super fucked. I hope for the rest of the world that it actually happens, so some of the evil will stop.
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