Re: Re: The US Dollar (spend it fast as you can)

[Jim Devine]

At 02:24 PM 7/19/01 -0700, you wrote:
>The premise only supports the conclusion on the condition that hegemony is a
>zero-sum game. US drops ball; someone else picks it up. Uh-uh. Much more
>dangerous possibilities have presented in the past, such as during roughly
>the first half of the last century. In the hegemony sweepstakes "nothing" is
>something too.
>
>The USA entered into the twilight of empire between 1968 and 1974. Any
>semblances of glory since then have been mirages sustained by the
>obsequiousness of USA's "partners" and the relentlessness of the public
>relations campaign.

you really think that we're could be moving toward a period such as 
1910-45, in which nation-state contention among the rich capitalist powers 
led to trade wars and hot wars? do you have evidence?

Jim Devine [EMAIL PROTECTED] &  http://bellarmine.lmu.edu/~jdevine