[lbo-talk] the CFR worries about decline

Doug Henwood dhenwood at panix.com
Fri Sep 10 12:38:04 PDT 2010


On Sep 10, 2010, at 3:30 PM, SA wrote:


> People say this after every recession or stock-market crash. In the early 90s everyone was talking about Paul Kennedy's Rise and Fall of the Great Powers.

True, and then that receded in the dot.com mania. But maybe the long-term trend is down, obscured by the occasional bubble.

Doug



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