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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (66278)	9/24/2010 5:47:45 AM
From: axial	Read Replies (2) \| Respond to of 217656

The question is: "Will other countries exercise power differently than the United States?" Historically, the answer is clear: dominant powers show a great degree of consistency in method. They do what they can get away with, militarily, diplomatically, in trade, in economics. There's no reason to expect the Chinese to be any different: that makes them neither better nor worse than the United States, Great Britain, or even imperial Rome. There'll be no comfort in this change, no benign utopia: only a continuation of historical practices by a different dominant player. The key is to recognize the inflection point, the time when the balance shifted -- and we are witness to it. Directly and indirectly ideologically-driven divergence from prudent economic behavior tipped the United States and other western nations into economic decline. --- "In whole regions of the world, U.S. power is in flux, but on the whole in retreat. The United States remains a powerful nation with a military to match. It still has undeniable heft on the global stage, but its power slippage is no less real for that -- and, by any measure, irreversible. Whatever the twenty-first century may prove to be, it will not be the American century. America Is Suffering a Power Outage …and the Rest of the World Knows It tomdispatch.com Jim