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| -Signs, Portents, and the Weather- |
| I Think They Get It Now, Part I:. In G7's aftermath, defiant despair that Trump really, truly, means what he says. |
| 2018-06-16 |
| A multi part series to be posted in coming days. Part I: the USA. Here's a selection, click through for the whole thing: [Zeihan] The great upheavals of the World Wars left the US the pre-eminent power in every respect that matters. Over the course of fifty years, the Americans had gone from almost no navy, stealing Britain’s IP, and being a major global debtor to having the only navy, the technological edge, and to being an economic power on an unprecedented scale. The US had a choice: seek isolation once again and watch its only real competitor – the Soviets – slowly eat away at the periphery until they could challenge the US or find a way to take a ragtag group with long lists of mutual historical grievances a mile long and get them to work together. A real life Magnificent Seven. The new idea was as straightforward as it was revolutionary: use America’s newfound and historically unprecedented economic power to pay all the previous competing powers of eras gone by to be on the same side. Any country that had any meaningful imperial presence could only do so if it also had a significant naval force. These empires’ clashes ‐ over resources, populations and trade routes ‐ were the root causes of nearly every significant military conflict of the entire industrial period, and they culminated into the First and Second World Wars. |
| Posted by: Herb McCoy |
| #8 European Preservative has not stopped by to whine. |
| Posted by: M. Murcek 2018-06-16 14:12 |
| #7 Beso, it's also ironic that while Ike warned about it he also "proved" its worth with his successful conduct of the war, getting all those ego maniacal generals on the same page. |
| Posted by: AlanC 2018-06-16 08:28 |
| #6 America’s newfound and historically unprecedented economic power to pay all the previous competing powers of eras gone by to be on the same side. And what did all the meddling gain us? Poverty and debt ! Ike warned us about it, but no. |
| Posted by: Besoeker 2018-06-16 07:02 |
| #5 >It is that the party is over! Now they get the hangover, but a lot of countries are just trying Hair-of-the-dog QE (temporal debt) in order to delay the pain of actually fixing their problems. |
| Posted by: Bright Pebbles 2018-06-16 06:01 |
| #4 >America’s newfound and historically unprecedented economic power to pay all the previous competing powers of eras gone by to be on the same side Inverted Dane geld + a military welfare state (with all the cultural neoteny that causes) what could have gone wrong with that. |
| Posted by: Bright Pebbles 2018-06-16 05:58 |
| #3 It is that the party is over! |
| Posted by: 3dc 2018-06-16 04:31 |
| #2 Bottom line: All the chaos and disruption of the past 15 months has been the result of a Donald Trump who has been actively held back. Now the world gets to see what a Trump unleashed – an America unleashed – can do. |
| Posted by: 3dc 2018-06-16 04:25 |
| #1 The person most in tune with Trump’s vision is Lighthizer! Wow. Read "How the world ends part 3" |
| Posted by: 3dc 2018-06-16 04:16 |