Posted by Matt in August 23rd, 2008 |
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Published in
China,
Military,
1970s,
Beijing Olympics,
China,
Chinese Military Modernization,
Element,
Extent,
Modernization Programs,
Nuclear Submarines,
Olympics,
Pla Navy,
Russia,
Strategic Objectives,
Truce
With all the world’s attention focused on the Beijing Olympics and to a lesser extent, the “truce” in Georgia, we should not underestimate the serious implications for U.S. strategic objectives posed by the Chinese military modernization programs, (Russia’s announced modernization programs is another element).
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By 2010, the PLA Navy could have about 60 very modern to [...]
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Posted by Matt in July 24th, 2008 |
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Published in
Economy,
U.S.,
1970s,
America One,
American Capitalism,
Banks,
Belgians,
Budweiser Beer,
Consumer Confidence,
Depression,
Deregulation,
Economy,
House Prices,
inflation,
Open Markets,
Oxymoron,
Petrol,
Recession,
Sorry State,
Washington Consensus
One source of angst is the sorry state of American capitalism (see article). The “Washington consensus” told the world that open markets and deregulation would solve its problems. Yet American house prices are falling faster than during the Depression, petrol is more expensive than in the 1970s, banks are collapsing, the euro is kicking sand [...]
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Posted by Matt in July 14th, 2008 |
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Published in
Russia,
1970s,
Appointment,
Back In The Ussr,
Belarus,
Crises,
Demise,
Economy,
Leonid Brezhnev,
Prime Minister,
Record Oil Prices,
Regime,
Russia,
Soviet Union,
Tendencies,
Ussr,
Vladimir Putin
Vladimir Putin’s appointment this spring as prime minister of the symbolic “union” of Russia and Belarus was yet another example of the troubling similarities between today’s Russia and the other most stable and prosperous Russian regime of the past 80 years: Leonid Brezhnev’s Soviet Union in the 1970s. That economy, too, was fueled by then-record [...]
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