[lit-ideas] Made in America
- From: Omar Kusturica <omarkusto@xxxxxxxxx>
- To: polidea@xxxxxxxxxx
- Date: Fri, 19 Dec 2008 21:57:47 -0800 (PST)
True, the financial hubris of recent years has been followed by a terrible
nemesis. The age of leverage has ended not with a whimper but a deafening bang.
Nonetheless, it is much too early to conclude that in geopolitical terms the
American century is over, or that China solo is about to take over from
Chimerica. Power is always relative, and a crisis that hits the periphery of
the global economy harder than the core must logically increase the power of
the core. Nemesis, too, can be exported.
http://www.the-american-interest.com/ai2/article.cfm?Id=533&MId=23
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