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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: regli who wrote (43466)12/27/2005 11:17:27 AM
From: LLCF  Read Replies (2) of 116555
 
Agreed... although:

<In my opinion, Iran doesn’t represent a threat to the U.S. but feels they need a nuclear capability to defend themselves. However,>

These are not mutually exclusive. Iran with launchable nuclear missiles would indeed be dangerous... if not to the US directly. Some type of defacto blockade would be necessary if they are found to have 'suitcase' bombs.

<Though it might be too late by now, the U.S. needs to again discover that diplomacy is a much more fruitful way to succeed and prosper.>

Although I agree that the US has completely mismanaged it's foreign policy over the decades since WW2, the above is not always true, not even close. You're assuming everyone is like you. As you know from personal experience, you can't really talk to some people about peace co-operation, etc. Some people only care about themselves. Chamberlain found that out the hard way... everyone though Churchhill was a rabid fool because he recognized the essence of the German government.

<Even in many parts of Europe, China today is viewed more favorably than the U.S., something completely unimaginable only a few years ago. U.S. cultural exports (movies, music) are suffering. >

People make mistakes. :) Viewing the Chinese govt more favorably than the US would be a mistake.

<I am, however, not very optimistic as this administration has shown no diplomacy skills whatsoever. >

I am hopeful that Bush admin will be gone before anything important needs to be done ala Iran or anything else.

< I am not sure where it will lead to in the short run, however, I am certain that over the long haul the end of the U.S. empire is in sight.>

Empire? I assume you mean technological superiority or some such term? Historically speaking, there is no "Empire" unless you mean Guam and Hawaii. :))

DAK
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