Comments on: The World as We Know It http://www.ilovebonnie.net/2008/07/14/the-world-as-we-know-it/ Love, Life & Technology in a Turbulent World Tue, 18 Nov 2008 09:46:24 +0000 http://wordpress.org/?v=2.6 By: Jim Scarborough http://www.ilovebonnie.net/2008/07/14/the-world-as-we-know-it/#comment-1863 Jim Scarborough Tue, 15 Jul 2008 14:16:54 +0000 http://www.ilovebonnie.net/?p=46#comment-1863 You're absolutely right. It's not going to be pretty as the U.S. falls from dominance, but spending political capital is always expensive, and over-spending it is downright destructive. Just look at the USD/EUR exchange rates over the last decade. It's instructive. I am reminded of Paul Simon's "American Tune." In that case, he was ahead of his time, forecasting our country's downfall in 1973, but what have we done to heed his warning? You’re absolutely right. It’s not going to be pretty as the U.S. falls from dominance, but spending political capital is always expensive, and over-spending it is downright destructive. Just look at the USD/EUR exchange rates over the last decade. It’s instructive.

I am reminded of Paul Simon’s “American Tune.” In that case, he was ahead of his time, forecasting our country’s downfall in 1973, but what have we done to heed his warning?

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