Jim Devine:
> I am not convinced that "imperial decline" is real. That kind of process is
> reversible. Also, what specifically do you mean? The US industrial economy
> may be in decline, but its military and financial might are undimmed. The
> US/NATO as a whole is still pretty strong. The transnationals are running
> the world economy. Etc.
Re undimmed military power; that's the problem: a declining industry, a growing
trade deficit and an undimmed military power. Can a service society survive by
itself, without forcing other people to provide it with the goods it does not
produce? Am I wrong?
Re financial might. Well... To whom is it providing capital for? That's been a
rather baroque poem lately, or a snake that bites its own tail.
So, things are kind of uggly, as I view it.
Manuel
