Do you think the continuing wars had anything to do with the recession?
I suspect so because the money flow has been pushed outward faster by the wars in an already debt-based net importing economy. Obama admin responded by increasing money flow in the domestic market, but that’ll either increase inflation or make countries that hold US dollars unhappy or both. They obviously won’t like to be taxed by the US govt.
This is not the first time that war has ravaged an empire.