European Tribune

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And the chances of a fatal misadventure are not small.

China flexed it financial muscle recently, and the markets responded instantly.

The US isn't really a superpower. It just thinks it is one, and has (almost) everyone else fooled.

But it can't afford its current levels of adventuring, politically, financially or socially. There will be a payback period. It may land on the wrong people for the wrong reasons. But even so - I'll be hugely surprised if there isn't an accounting within the next decade, and possibly even within the next couple of years.

by ThatBritGuy (thatbritguy (at) googlemail.com) on Tue Mar 13th, 2007 at 06:52:22 AM EST
[ Parent ]
Yes.

Key to the "accounting" is the relationship between the Dollar and Oil.

It HAS to change and soon: I'm two years bid and five years offered

In the meantime, if I were a hedge fund manager I'd be borrowing as many dollars as I could and using them to buy energy assets in any country mad enough (or coerced enough) to sell them...

by ChrisCook (cojockathotmaildotcom) on Tue Mar 13th, 2007 at 07:05:52 AM EST
[ Parent ]
I think the US is still an Empire... it still has military bases , and economic influence and manpower. It has been highly debilitated and has lost Asia a little bit(much more) sooner than expected. But the US will be an empire until they lost control and influence over South America in the hands of Brasil (or a combination of countries) and Europe completely disregards US opinion.

SO I still give the American Empire a range of 10-40 years.. and if it were to pursue the first among equals policy instead of Empire (with intelligence) .. it could keep on for over half a century  (and it could be longer but I do not dare to predict anything 50 years from now)

Other than that, it will be another England/France/Spain at the most within 40 years.

An opinion of the future.. a mere opinion.

A pleasure

I therefore claim to show, not how men think in myths, but how myths operate in men's minds without their being aware of the fact. Levi-Strauss, Claude

by kcurie on Tue Mar 13th, 2007 at 09:19:17 AM EST
[ Parent ]
« Il y a un moment dans la vie des empereurs, qui succède à l'orgueil d'avoir conquis des territoires d'une étendue sans bornes, à la mélancolie et au soulagement de savoir que bientôt il nous faudra renoncer à les connaître et les comprendre...

...c'est le moment de désespoir où l'on découvre que cet empire qui nous avait paru la somme de toutes les merveilles n'est en réalité qu'une débâcle sans fin ni forme, que sa corruption est trop évidemment gangréneuse pour que notre sceptre puisse y apporter remède, que la victoire sur les souverains adverses nous a rendus les héritiers de leur lent écroulement. »  Italo Calvino in « Les Villes Invisibles »

"Ne te courbe que pour aimer..." René Char

by Melanchthon on Tue Mar 13th, 2007 at 10:53:26 AM EST
[ Parent ]

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