The Lurch Left that has been seen in Latin America...
and many parts of Europe could be the second shoe falling after the "end" of the Cold War...
With the fall of Soviet Communism there was the belief that Communism was dead and that Capitalism...and in particular Global Capitalism...was the winner.
Well, then came China...
China is arguably the most successful and fastest growing economy in the world today... And it's also a Communist country...!
It is quite possible that Communism China style has in fact "won" the Cold War...after all.
The Triumph of Global Capital that was proclaimed in 1989 may have been premature.
The US economy is totally dependant on the generosity of strangers...like China and Japan...among others.
Even the Democrats dare not offend the all mighty bond markets...hence their odd silence on "economic issues" and the devolution of American Politics into the "social" arenas of abortion and gay rights etc...
Now there is great instability in the middle east from Iraq to Iran...and on to Pakistan. Oil is increasingly a problem for the west...even as the East eats up more and more energy every year.
The prospects for globalism in 2006 seem to be grim... More war. More debt. More instability seem inevitable... And as pensions and jobs disappear inside the US....?
THE END OF GLOBALISM COULD BE NEAR.
