2NC/1NR - Impact Flashcards
Turns care - Global cooperation key to resolving every existential threat. Granoff 14
Identifying a clear compass point toward the common good will have a galvanizing impact. Such a process actually prevents any current or future crisis from escalating into such a total war. Cooperation in the twenty-first century is an imperative.
Dollar Collapse Impact - China War
Dollar collapse emboldens Chinese aggression, which escalates. Zoffer 12
A drastic drop in demand for dollar-denominated assets would cause interest rates. Treasury Securities to skyrocket, sending ripples through the US economy. Decrease in demand for US debt occurs will constrain the ability to the US to defend itself. Enemies would be incentivized to take aggressive action to take advantage of this new weakness. An international system devoid of both US military might and Chinese dependence on US debt as a place to park excess liquidity might lead to the conflict.
Dollar Collapse Impact - China War
US - China war is an existential threat. Wittner 11
While nuclear weapons exist, there remains a danger that they will be used. An attack with these Chinese nuclear weapons would immediately slaughter at least 10 million Americans. The Chinese death toll in a nuclear was would be far high. Both nations would be reduced to smoldering, radioactive wastelands.
Dollar Collapse Impact - Hegemony
Dollar hegemony key to US economic prosperity and global leadership - it’s the backbone primacy. Zoffer 12
For other countries to be able to continually accumulate dollar reserves by purchasing dollar-denominated assets, capital has to flow out of the US and goods have to flow in. It has subsidized US consumption and fueled the growth of the US economy. The use of the US treasury securities in currency reserves has created an almost unlimited demand for US debt. This artificially high demand means that the US can issue debt at extremely low interest rates, especially relative to its national debt and overall economic profile. The ability to run effectively unlimited budget deficits has allowed the US to fund its massive entitlement programs and afford sweeping bailouts at the height of the recession. The ability to intervene militarily in any conflict that threatens US interests and maintain US geopolitical influence and hegemony is a direct result of dollar hegemony.
Dollar Collapse Impact - Hegemony
Hegemony solves existential threats and secures world peace. Barnett 11
As the guardian of globalization, the US military has been the greatest force for peace the world has ever kwon. Had America been removed from the global dynamics there would be now no human civilization left, once nuclear weapons entered the killing equation. Calculations suggest a 90% absolute drop and a 99% relative drop in deaths due to war.
Dollar Collapse Impact - War
Dollar collapse risks nuclear war with Russia and China - US elites will lash out. Jorgustin 14
There is a looming collapse of the dollar and it will be caused by losing it’s reserve currency status. The reason we are able to sustain astronomical deficits, mind-boggling national debt, seemingly limitless spending on government and it’s programs, is because the dollar is the world’s currency reserve.
Debt Impact - Economy
Absent corrections, our growing national debt risks economic collapse. Haskins 17
The Federal Reserve System lowered interest rates to near-zero levels to encourage lending and pumped trillions of dollars into the economy. Obama injected more money into the economy through a variety of programs. The US economy eventually stabilized. But despite all the progress made, that led to the 2008 crash remain today. Economic growth is sluggish, personal debt is extremely high, the government is running massive annual deficits, and riskier investments are being encouraged by the current market conditions. If the economy does not grow rapidly in the coming years, there could be another large-scale economic collapse.
Debt Impact - Economy
Economic collapse risks global war. Auslin 9
The threat of instability is a pressing concern. A prolonged global downturn, let alone a collapse, would dramatically raise tensions inside countries. Couple that with unsolved ethnic and territorial disputes. The result may be a series of small explosions that coalesce into a big bang.
Debt Impact - Moral Obligation
Reducing the national debt is a moral obligation - every new dollar of federal spending must be rejected. Boehner 11
Every dollar the government takes is another dollar families cannot devote to strengthening their communities or saving for their children’s future. The more the government spends and borrows today, the more our children are forced to pay. When the government gets bigger, the people get smaller. The value of hard work and fresh ideas is diminished. We become more dependent on government, and it in turn because more dependent on us. Americans are demanding a return to a smaller, less costly, and more accountable way of doing things. They will not tolerate an increase in the national debt limit unless it is accompanied by meaningful spending cuts and reforms.
