-
End Of Empire - The 'De-Dollarization' Chart That China And Russia Are Banking On
History did not end with the Cold War and, as Mark Twain put it, whilst history doesn’t repeat it often rhymes. As Alexander, Rome and Britain fell from their positions of absolute global dominance, so too has the US begun to slip. America’s global economic dominance has been declining since 1998, well before the Global Financial Crisis. A large part of this decline has actually had little to do with the actions of the US but rather with the unraveling of a century’s long economic anomaly. China has begun to return to the position in the global economy it occupied for millenia before the industrial revolution. ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Edited 3:43pm Sep 13, 2014 3:35pm | Edited 3:43pm
- Greenstar
- | Joined Apr 2011 | Status: Member | 735 Comments
- Comment #2
- Quote
- Sep 14, 2014 4:13am Sep 14, 2014 4:13am
- Guest
- | IP XX.XXX.69.10
- Comment #3
- Quote
- Sep 14, 2014 5:22am Sep 14, 2014 5:22am
- utjuph
- | Joined Jul 2009 | Status: Member | 12 Comments