Although it takes a little longer than bombing, one sure way to destroy a nation is from within.  Just ruin a nation's people, and you can walk right in and take over.  In Cormac McCarthy's 2005 novel No Country for Old Men, Sheriff Bell muses: "I think if you were Satan and you were settin around tryin to think up somethin that would just bring the human race to its knees what you would probably come up with is narcotics."  Surely no sober person would disagree with that; just look at our neighbor across the Rio Grande. There's another road a nation can take to perdition that is just as sure as drugs, and that's debt, as in sovereign debt -- i.e., a nation's debt.  When a nation goes too deeply into debt, its options become sorely limited.  If a debt-laden nation tries to borrow its way out of debt by floating new bonds, it may find that it must pay ever-higher interest rates to attract investors.  If a debt-laden nation has its own currency, however, it...(Read Full Article)