American empire

“A shattering moment in America’s fall from power”

I recommend reading this.  John Gray has much the same message as does so many posts on this site. “A shattering moment in America’s fall from power“, John Gray, op-ed in The Guardian, 28 September 2008 — “The global financial crisis will see the US falter in the same way the Soviet Union did when …

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The foundation of America’s empire: our chain of bases around the world

One of the most important sites on the web for those following geopolitics is, in my opinion, Tom Engelhardt’s TomDispatch.  He covers aspects of the world that remain almost invisible to our mainstream media.  Here is another look behind the curtain, at things hidden from most Americans.  Please read the full article; the excerpt just hints …

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Prof Nouriel Roubini describes “The Decline of the American Empire”

The hot dots in economics today are, in my opinion, David Rosenberg and Nouriel Roubini.  Roubini is a professor of economics at NYU, noted expert in international finance, and founder of RGE Monitor(a aggregator of economics and finance articles, invaluable for anyone in those fields). His forecasts are grim reading (by comparison with my longer-term …

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Geopolitical implications of the current economic downturn

Summary:  How will this recession end?  My guess:  with re-balancing of the global economy and a decline of the US dollar so that the our goods and services are again competitive.  No more trade deficit, we can pay our debts, and there will be no serious outflow of jobs. There are several schools of economic thinking about …

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