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OpEdNews Op Eds    H3'ed 9/4/09

Predicting Worse Ahead from America's Economic Crisis

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-- a ballooning trade deficit and shrinking manufacturing base;


-- a predatory ruling class plundering the world with impunity, yet out of touch with its own people growing poorer, more desperate and angrier;


-- America's abandonment of universalism and egalitarianism;


-- excess consumption trapping people in an ocean of debt and lowering their living standards;


-- "the rest of the world....is on the verge of discovering that it can get along without America; America is realizing that it cannot get along without the rest of the world;"


-- an emerging Eurasia will end US supremacy, then isolate and curtail its dominance; and


-- "If America continues to endeavor to show its power, it will simply reveal (to) the world its impotence."


For his part, Panarin compares America to the Titanic after hitting an iceberg when it was unclear whether the crew would try to save the ship or more importantly its passengers. Unfortunately, under Bush and Obama, they're trying to save themselves at the expense of the ship and passengers.


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