Just a short post today. I feel this is a good time to introduce the work of one of America's most important scholars. Chalmers Johnson is a retired professor of Asian Studies at the University of California San Diego, and served from 1968 to 1972 as a consultant to the Office of National Estimates of the CIA.
Dr. Johnson has just completed the third work of his trilogy on American Empire which began in 2000 with Blowback, followed shortly by The Sorrows of Empire. His latest book, Nemesis: Last Days of the American Empire, gets a preview at TomDispatch.com. So without further ado...
Wednesday, January 31, 2007
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3 comments:
Dr.Johnson makes valid points. We will either end up like the Roman or British empires.(preferably the latter.) But America as we percieve it today is nothing but a illusion. This country is already bankrupt we just don't want to admit it yet.
You are correct and unfortunately for many of us we will have no choice but to admit it when the cost of capital (credit) becomes prohibitive. For many Americans their lifestyles are built on a foundation of sand, smoke, and mirrors. Once this nation's leading creditors (China, Japan, Great Britain) decide that they can no longer support our debt--the party's over.
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