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From 1989 to 1991, with the collapse of the Soviet Empire and breakup of the U.S.S.R., America had an opportunity to lay down its global burden and become again what Jeane Kirkpatrick called "a normal country in a normal time."
We let the opportunity pass by, opting instead to use our wealth and power to convert the world to democratic capitalism. And we have reaped the reward of all the other empires that went before: A sinking currency, relative decline, universal enmity, a series of what Rudyard Kipling called "the savage wars of peace."
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Member Submitted News
China is about to hard-land: Hard times return as China bids to bring its economic miracle to an end.... "Much of the growth deceleration in emerging and developing countries reflects China’s slowdown"... China constitutes as much as 35% of iphone shipmenalexmark
Chicago cop beats high school LGBT girl, kicks brothers front teeth out when he's in handcuffs, arrested for trying to save her.portos
CIA whistleblower Jeffrey Sterling found guilty under espionage act for exposing plot to plant evidence of a nuclear program on Iran by funneling faulty nuclear schematics to the countryalexmark
Global downsides: 1 high debt; 2 Lack of growth and deflation; 3 Fragile EM; 4 Technology displacing job: 5. Rising inequality...alexmark
In the recovery so far - Top 1% incomes grew from $871k to $968k - Bottom 99% fell from $44k to $43.9kalexmark
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