Saturday, July 19, 2014

Throwing a BRIC Your Way

This why wars are started:

"Uri Dadush, an economist with the Carnegie Endowment for International Peace, sees no problem with the BRICS countries’ development bank and financial crisis fund. But he worries that the five countries’ decision to go outside of existing institutions provides more evidence of the ‘‘fracturing of the postwar (economic) system that gave us so much peace and prosperity. The system has not been able to adapt to the new reality, the rise of the new powers.’’

That depends a hell of a lot on who "us" is.

RelatedUS loses trade tiffs with China, India 

The battlefield losses for the United States continue, this time at the WTO. The economic underpinning of the empire was crumbling faster than the military fronts. US officials and war planners faced a variety of problems with an increasing inability to solve them. Further making things worse.... man, I need to stop watching those WWII history documentaries on AMC.