There is one defining characteristic we Americans proudly boast of that is singularly unique in the entire world and it has nothing to do with our standard of living, GDP or total debt. “We The People” not only believed our leader’s lies about American exceptionalism, but we bought into those lies hook, line and sinker. And for several decades the lie worked magnificently thanks to the magic of a widely accepted reserve currency which enabled us to export most of the corrosive effects of our money printing (aka inflation) outside our borders and the military to enforce it when reluctance surfaced…..such as Iraq and Afghanistan to name just two. Good times were had by all, the punch bowl never ran dry and it was all due to our superior abilities. Until now that is.