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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: glenn_a who wrote (9510)7/19/2004 2:21:02 PM
From: marginmike  Read Replies (3) of 116555
 
again The US influence still controlls Japan, SKorea, Iraq, Saudi Arabia, Canada, Latin America, Eastern Europe, Great Britain, India, Isreal

Though there are cracks in this block, there is still no block close to dealing with this much power. Yes it is declining, but one congenial President can rework this system and rebuild it. I think America is in the 3rd inning of its decline. Untill a power confronts or challenges Americas protecterate in Asia etc then America is still the primary power. The cracks may continue to grow, but American millitary technology can overwhelm almost any opponent in the world. Untill there is someone steps up and pushes back. The USA is still by far the world juggernaut economicly and militarily. Even the acess to our markets is a leverage tool noone can compete with
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