Perhaps one of our Brit friends can enlighten us as to what kind of a political stance The Guardian usually takes (I know it only as a fabulous source of track articles). I have no idea if this is just an "unbiased" bit of analysis or if it has a slant of some sort.
This is pretty scary stuff taken at face value though.
http://www.guardian.co.uk/commentisfree ... omicgrowth
<< The fate of empires is very often sealed by the interaction of war and debt. That was true of the British Empire, whose finances deteriorated from the First World War onwards, and of the Soviet Union. Defeat in Afghanistan and the economic burden of trying to respond to Reagan's technically flawed but politically extremely effective Star Wars programme were vital factors in triggering the Soviet collapse. Despite its insistent exceptionalism, America is no different. The Iraq War and the credit bubble have fatally undermined America's economic primacy. >>
This is pretty scary stuff taken at face value though.
http://www.guardian.co.uk/commentisfree ... omicgrowth
<< The fate of empires is very often sealed by the interaction of war and debt. That was true of the British Empire, whose finances deteriorated from the First World War onwards, and of the Soviet Union. Defeat in Afghanistan and the economic burden of trying to respond to Reagan's technically flawed but politically extremely effective Star Wars programme were vital factors in triggering the Soviet collapse. Despite its insistent exceptionalism, America is no different. The Iraq War and the credit bubble have fatally undermined America's economic primacy. >>
Comment