That the US Empire is falling with the structure so laboriously built in the Middle East crumbling is clear even if there will be fall-back positions. But the US Republic is also in bad shape, with the threat of government shutdown March 5, like in 1995. Why? Because the US polity is inadequate to the challenge.And the challenge is formidable, with a US 14.1 trillion debt, 94 percent of US GDP and 7percent of a world GGP of about US$200 trillion. Small comfort that it was 122 percent after WWII: as Kenneth Rogoff points out (Washington Post, 23-02-11) the labor force was young, the USA was the world's leading manufacturer, personal savings were high, demand after depression-war was high. Result: 57 percent economic growth in six years. And there were sharp defense cuts, having won WWII.
>>>Person | About | Day |
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نسرین ستوده: زندانی روز | Dec 04 | |
Saeed Malekpour: Prisoner of the day | Lawyer says death sentence suspended | Dec 03 |
Majid Tavakoli: Prisoner of the day | Iterview with mother | Dec 02 |
احسان نراقی: جامعه شناس و نویسنده ۱۳۰۵-۱۳۹۱ | Dec 02 | |
Nasrin Sotoudeh: Prisoner of the day | 46 days on hunger strike | Dec 01 |
Nasrin Sotoudeh: Graffiti | In Barcelona | Nov 30 |
گوهر عشقی: مادر ستار بهشتی | Nov 30 | |
Abdollah Momeni: Prisoner of the day | Activist denied leave and family visits for 1.5 years | Nov 30 |
محمد کلالی: یکی از حمله کنندگان به سفارت ایران در برلین | Nov 29 | |
Habibollah Golparipour: Prisoner of the day | Kurdish Activist on Death Row | Nov 28 |