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Kevin Zeese and Margaret Flowers — US Doubles Down As Empire Declines

Summary:
US empire is in decline. Reports of the end of the US being the unitary power in world affairs are common, as are predictions of the end of US empire. China surpassed the United States as the world economic leader, according to Purchasing Power Parity Gross National Product, and Russia announced new weapons that can overcome the US’ defense systems. What is happening in the United States, in response, is to do more of what has been causing the decline.... Too many wars on the periphery of the empire, and failure to decisively win any of them. Military spending will now consume 57% of federal discretionary spending.... Popular Resistance US Doubles Down As Empire Declines Kevin Zeese and Margaret Flowers

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US empire is in decline. Reports of the end of the US being the unitary power in world affairs are common, as are predictions of the end of US empire. China surpassed the United States as the world economic leader, according to Purchasing Power Parity Gross National Product, and Russia announced new weapons that can overcome the US’ defense systems.
What is happening in the United States, in response, is to do more of what has been causing the decline....
Too many wars on the periphery of the empire, and failure to decisively win any of them.
Military spending will now consume 57% of federal discretionary spending....
Popular Resistance
US Doubles Down As Empire Declines
Kevin Zeese and Margaret Flowers

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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