The Coming Depression: An Empire in Decline. The Debt Crisis is Just a "Prelude to War

The Coming Depression: An Empire in Decline. The Debt Crisis is Just a "Prelude to War: "How can an empire in decline impose its views? The U.S. not only shows obvious signs of economic collapse, but also of genuine regression: the American dream no longer exists. The U.S. establishment, Democratic or Republican, is not prepared to cash in its last major comparative advantage - military supremacy."……

Carl Philipp Gottfried von Clausewitz (1780-1831), the German military strategist once said that 'War is the continuation of politics by other means.' Given the political dead-end the West seems to be on, his maxim may once again prove all too true. Western governments appear powerless to confront the current crisis and the looming threat of a depression, with all of the serious consequences that implies. The colossal debt of nations and bleak prospects for growth are creating a panic situation on financial markets around the world. A crash is not a figment of the imagination…..