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Paul Kennedy posits that continued deficit spending, especially on military build-up, is the single most important reason for decline of any great power. The costs of the wars in Iraq and Afghanistan were as of 2017 estimated to run as high as $4.4 trillion, which Kennedy deems a major victory for Osama bin Laden, whose announced goal was to humiliate America by showcasing its casualty ...
Following the collapse of the Soviet Union, Emmanuel Todd argues that the U.S. political elite failed to develop a coherent long-term strategy. Instead, they opted for the path of least resistance, a course that lacked strategic consistency even when informed by frameworks like Zbigniew Brzezinski's vision outlined in The Grand Chessboard .
The title of the book points at the sharp decline in stock prices following the bankruptcy of the investment bank Lehman Brothers in September, 2008. Meanwhile, its subtitle reveals Stiglitz's conviction that free markets are at the bottom of the crisis, as he makes deregulation responsible for the rise of the shadow banking system, over-leveraged banks and subprime mortgages.
Imagine a financially liberated America where citizens kept every dollar they earned, while foreign companies took on the nation’s tax burden. That was the vision Donald Trump shared with Joe ...
“The U.S. has not had a problem since 2008, 2009 — that's the longest in American history,” he stated. “America, and therefore the world, is long overdue for a problem.”
Aerial view of the debris field of the North Tower, 6 WTC, and 7 WTC (upper right). The damaged Verizon Building can be seen left of WTC 7's ruins.. Some conspiracy theories contend that the collapse of the World Trade Center was caused not solely by the airliner crash damage that occurred as part of the September 11 attacks and the resulting fire damage but also by explosives installed in the ...
Biden delivered his farewell address to the nation on Wednesday, days before he leaves office. Biden warned of an oligarchy taking shape in the US and a "tech industrial complex."
Bowling Alone: The Collapse and Revival of American Community is a 2000 nonfiction book by Robert D. Putnam. It was developed from his 1995 essay entitled "Bowling Alone: America's Declining Social Capital". Putnam surveys the decline of social capital in the United States since 1950. He has described the reduction in all the forms of in-person ...