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Economy
Covid has exposed America as a failed state
2020-06-03
UnHeard via HotAir
It is remarkable how the effects of Covid on the international system mirrors its impact on individuals. Its lethality, in the acute phase, may be lower than we feared, yet there is a risk of sudden catastrophic relapse after a seeming period of recovery, and the long-term effects are of a gravity we can only dread.

...The greatest morbidity the virus has latched onto in the global order is the rivalry between the United States and China. This contest is not new — International Relations scholars have long debated the ’Thucydides Trap,’ named after the agonising and destructive struggle between Athens and Sparta chronicled by the Greek historian, wherein a rising power is inexorably drawn into conflict with the hegemon it displaces.
Posted by:g(r)omgoru

#3  

He might have a few good points but the pessimism and the smug look on this little prick's face forced me to stop reading.
Posted by: Abu Uluque   2020-06-03 14:21  

#2  p.s. With all due respect to the author, none of this is new. To wit, the electoral victory of the candidate with the slogan "Make America Great Again".
Posted by: g(r)omgoru   2020-06-03 06:53  

#1  Nope,
You just let yourself be bribed by the seeming ease (and false accounting) of making money by accumulating debt.
And of "free trade" between countries subsidised by tariffs within the country (taxes on working) which merely enriched the establishment at the expense of the rest.
This was all predicated on selling "the big economic lie" that the country was getting richer as land prices rose faster than incomes.
Posted by: Bright Pebbles   2020-06-03 04:34  

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