United Discontent

Terra Instabilis

Read an

interesting article today in the HUMANIST by Jon Harrison called “Terra instabilis”

read an interesting article today in the HUMANIST by Jon Harrison called “terra instabilis”

“In retrospect, we can see that the boom times of the 1980s and ’90s in the United States were debt-fueled and lacked substance—they were, in other words, fundamentally different from the real, solid economic expansions that came before. The last of these true expansions began during the Second World War and ended in the early 1970s.”

“It has been clear for some decades that the era of Western world domination, a period that lasted, roughly from 1800-2000 CE is coming to an end.  Even more important perhaps is the fact that the post -Wrold War II architecture built up under the aegis of the Pax Americana-NATO, the European Union, and the global economic organizations lik the World Bank, The international Monetary Fund, and The World Trade Organization–appears to be headed for dissolution.”

 

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