The evening of empire
CounterPunch
by Werther
10/23/06
If the geographic situation of the United States, in the sense of the contrast between its far-flung (if futile) imperial ventures and its utter breakdown as a sovereign nation-state, is reminiscent of late Rome, then the economic basis of the empire completes the picture. The United States is no longer a producer, it is a ravenous consumer, now with an annual trade deficit of three-quarters of a trillion dollars (an unimaginable figure even ten years ago)...
http://www.counterpunch.org/werther10232006.html
Informant: Thomas L. Knapp
by Werther
10/23/06
If the geographic situation of the United States, in the sense of the contrast between its far-flung (if futile) imperial ventures and its utter breakdown as a sovereign nation-state, is reminiscent of late Rome, then the economic basis of the empire completes the picture. The United States is no longer a producer, it is a ravenous consumer, now with an annual trade deficit of three-quarters of a trillion dollars (an unimaginable figure even ten years ago)...
http://www.counterpunch.org/werther10232006.html
Informant: Thomas L. Knapp
rudkla - 24. Okt, 16:50
