Where I take issue with this article is his assumption that America can do something about its decline relative to the rest of the world. It cannot. The rest of the world is catching up with America, and that is just the way history works as decolonization progresses.
The only thing that the US can do is to try to slow down the progress of others. Of course, that will be resisted and is leading to war: economic, subversive, cyber, and kinetic.
Simultaneously, it is leading to growing inequality and social dysfunction in the US, along with economic stagnation.
Crisis time.
Bill Totten's Weblog
Wake up, America
Spengler
Originally at Asia Times (behind paywall)
Spengler is the pen name of David P. Goldman
Here is the intro to his Wikipedia entry:
David Paul Goldman (born September 27, 1951) is an American economist,[1] music critic, and author, best known for his series of online essays in the Asia Times under the pseudonym Spengler. The pseudonym is an allusion to German historian Oswald Spengler, whose most famous work, Decline of the West (1918), asserted that Western civilization was already dying. Goldman says that he writes from a Judeo-Christian perspective and often focuses on demographic and economic factors in his analyses; he says his subject matter proceeds "from the theme formulated by [Franz] Rosenzweig: the mortality of nations and its causes, Western secularism, Asian anomie, and unadaptable Islam."[2] On March 14, 2015, Goldman and longtime Asia Times associate Uwe Von Parpart took control of Asia Times HK Ltd. He became Deputy Editor (Business) at Asia Times in 2020. Goldman was global head of credit strategy at Credit Suisse 1999-2002, Global Head of Fixed Income Research for Bank of America 2002-2005, and Global Head of Fixed Income Research at Cantor Fitzgerald 2005-2008. He subsequently was a partner at Yunfeng Financial in Hong Kong, an investment bank later acquired by Jack Ma. He continues to advise CEOs and institutional investors. He is a regular contributor to Claremont Review of Books, Law and Liberty, Tablet Magazine, the Wall Street Journal, First Things (where he was senior editor during 2009-2011).
Here is the intro to his Wikipedia entry:
David Paul Goldman (born September 27, 1951) is an American economist,[1] music critic, and author, best known for his series of online essays in the Asia Times under the pseudonym Spengler. The pseudonym is an allusion to German historian Oswald Spengler, whose most famous work, Decline of the West (1918), asserted that Western civilization was already dying. Goldman says that he writes from a Judeo-Christian perspective and often focuses on demographic and economic factors in his analyses; he says his subject matter proceeds "from the theme formulated by [Franz] Rosenzweig: the mortality of nations and its causes, Western secularism, Asian anomie, and unadaptable Islam."[2] On March 14, 2015, Goldman and longtime Asia Times associate Uwe Von Parpart took control of Asia Times HK Ltd. He became Deputy Editor (Business) at Asia Times in 2020. Goldman was global head of credit strategy at Credit Suisse 1999-2002, Global Head of Fixed Income Research for Bank of America 2002-2005, and Global Head of Fixed Income Research at Cantor Fitzgerald 2005-2008. He subsequently was a partner at Yunfeng Financial in Hong Kong, an investment bank later acquired by Jack Ma. He continues to advise CEOs and institutional investors. He is a regular contributor to Claremont Review of Books, Law and Liberty, Tablet Magazine, the Wall Street Journal, First Things (where he was senior editor during 2009-2011).
This is a joke Tom… you got China having to literally impose regulatory martial law as the last desperate measure to stave off the liberal “free market!” follies there (which will eventually fail just give it time) and now Afghanistan has to do the same martial methods to stop it there and that is going to turn that region into a big bloodbath before that regime eventually will fail…
ReplyDeleteBoth situations there are just trying to head off the inevitable…
Weren’t you actually in viet nam? That whole place is just a big Nike shoe factory now… #joke
Corrupt American politicians like where America is going.
ReplyDeleteThe smarter ones see where this is headed and are grabbing as much they can while they can. The stupider ones just grab what they can as a matter of course for them.