It’s almost June. So why is the euro zone story just about the same as it was in January? It’s a little like the movie Groundhog Day – every day seems to be a repeat of the last, and the story remains the same. But remember: That movie ended. And every day wasn’t the same. Bill Murray made incremental changes – painful ones – until he figured his way out. That’s what the euro zone is doing right now.
Who says America is in decline?
Not me. But, if you listened to a recent Rush Limbaugh show, you might’ve heard him dismiss my new book, Every Nation for Itself, as a “declinist” tract that says America’s time as leader of the world is “over.” Nothing could be further from the truth. There’s an inordinate amount of concern out there that writers who are trying to understand the seismic shifts the world has undergone in recent years are in fact doomsayers – wonks who are convinced the U.S. is no longer a superpower and has lost its swagger. On the other side of this false dichotomy is the camp that tries to pretend all the upheaval of recent years has changed absolutely nothing about America’s objective standing on the world stage.
A generation ago, the United States, Europe and Japan were the world’s powerhouses. Now, according to Eurasia Group’s Ian Bremmer, we’re living in a world where everyone – and anyone – can set the agenda. So, what does G-Zero mean for the world?
We can’t afford to throw him out.
Last week, likely GOP presidential nominee Mitt Romney caused a tempest in a teapot when he told CNN that he thought the top U.S. geopolitical foe is Russia. President Obama’s White House seized on the comment, rebutting that al Qaeda is actually our top foe abroad. But if we look at the way American foreign policy has been enacted since the beginnings of the global crisis, it’s clear that America’s biggest opponent on the world stage is really itself.
President Obama’s recent trip to South Korea may have gained attention for his “open mic” slipup with outgoing Russian President Medvedev over missile defense, but that’s just a media distraction from the importance of Obama’s visit to the Korean peninsula. After Kim Jong Il’s death in December, the U.S. took an early lead in negotiations with North Korea – doing so because Obama and his team thought it could be an easy diplomatic win. With the promise of aid and food, the U.S. could let new leader Kim Jong-un quietly drop the consistently belligerent stance the country has taken in what passes for its foreign policy.
The world’s great powers don’t have enough incentive to intervene in Syria, Eurasia Group President Ian Bremmer tells Chrystia Freeland.
Is China’s system of capitalism better than that of the United States? That depends — do pigs fly? While I have no question in my mind that the U.S. is still the paragon of success when it comes to the capitalist system, lately a strange coalition of think-tankers, investors and politicians have been advancing the idea that China is eating our lunch when it comes to deploying capitalism.