Kaj wrote:If you've ever played a much Risk, you'll know that that the player who threatens to do the most irrational kamizake revenge strikes that ends up winning, as no-one risks crossing him/her. Totally ruins the game.
It depends on who you're playing against. There's a high burn-out rate to it and if you're playing against large enemies with deep pockets and plenty of fallback/regroup space (Japan vs. the States, Germany vs. Russia), it's a big gamble. All the king's horses and all the king's men haven't even been able to subdue Iraq and Afghanistan... the West is standing on feet of clay before the world these days.
Kaj wrote:Secondly, US planners have had the foresight to secure major strategic oil supply in Iraq. Even if it cannot get production up, it can do something far more important: deny those resources at will to Europe and China. Its all about the leverage at the negotiation table that will keep America ahead of its partners.
Denial of resources was unquestionably the intention, but if the US itself can't use the resource to the capacity it had in 2002, that's still a liability. The output to maintain a lesser capacity is hideous, and meanwhile, Europe and China have other means. It's not even a zero-sum game; it's a strategic disaster for the US and the UK.
Kaj wrote:the US continues to play from the high slope of the pitch. It has exempted itself from treaties whilst imposing them on other, it has exceptional positions in the IMF and World Bank, and as the printer of the worldwide currency.
I think this is increasingly irrelevant. A number of countries have openly broken with IMF/World Bank strictures, most notably Brazil, and Brazil's doing exceptionally well. The de facto shift to other currencies is already evident in spiraling cost of oil and the runaway inflation in US-pegged Gulf currency states... oil is already pegged to the stability of the euro -- this is why the price, denominated in US dollars, is soaring. People demand more of them as a hedge on their decreasing value. That won't go on forever. The power of the US dollar increasingly seems like that of a mortally-wounded man flailing forward on adrenalin and rage. I think many countries are simply waiting it out.
Kaj wrote:When it comes to the US, it will hit the poor and the middle-income people first. The last thing that will go will be the US military complex.
Possibly. Or, given its extravagant needs, it may actually be the first to succumb. What will decide the matter is how far the US military is prepared to go to preserve power simply for power's sake, and how much rope other countries, increasingly powerful and with deepening economic levers in the US, are prepared to lend it.
Kaj wrote:Extraordinary technologies of death will continue to be at the disposal of the core for a long time, and will continue to advance exponentially.
These have to be financed by someone, and not to put too fine a point on it, the US is currently blowing $700 billion a year of other people's money to do that, among other things.
Kaj wrote:The American Era is not likely to truly end until people over the world, and especially in the US begin to realise that the indefinite American Dream is unattainable, and organise themselves around other ideas based on community and sympathy.
Well, I think we're seeing that, actually. Russia's back on the board. China and Russia have the SCO, South America's growing more tightly unified financially and potentially militarily, the Gulf States are openly discussing abandoning the dollar... How many times in the past two or three years have you heard the phrase "basket of currencies" bantered about?