|
I don't think they would deliberately bankrupt the US, but unless America does some significant rethinking of its economic policies, you will soon find yourselves no longer the world's most important economy. Indeed, no matter what you do, I think this is almost inevitable.
Why is this to be feared? Well, traditionally countries try to protect their own economic interests. Certainly America does that today, but globalization, the IMF and WTO are two sided swords. What appears to be good for America's blue-collar, lower class today is even more so for tomorrow's hungry, ambitious Chinese prole; indeed, more so.
Terrorism, in the scheme of things, is a minor anonyance. It is the "yellow dollar" and Asian world dominance in economic terms, that will eventually bring about the end of America's current hegemony.
Mr Mephisto
|