Thursday, February 5, 2009

Imperial overreach and financial indiscipline


Is this the beginning of the end for Pax Americana?

The financial and economic crash of 2008, the worst in over 75 years, is a major geopolitical setback for the United States and Europe. Over the medium term, Washington and European governments will have neither the resources nor the economic credibility to play the role in global affairs that they otherwise would have played. These weaknesses will eventually be repaired, but in the interim, they will accelerate trends that are shifting the world's center of gravity away from the United States...

1 comment:

Adal @ The Coconut Bistro said...

This is, hands-down, the best geopolitical blog I've seen so far! The topics are very updated and informative. Everybody needs to know how the world works and, believe me, this is a great start. Keep up the good work!!!