In These New Times

A new paradigm for a post-imperial world

The future of the USA – 2012-2016 (Part 2)

Posted by seumasach on April 7, 2012

The unstoppable US economic spiral: Recession/depression/inflation

Excerpt GEAB N°60

Leap 2020

16th December, 2011

In fact, the United States ends 2011 in a state of weakness unmatched since the Civil War. They practice no significant leadership at international level. The confrontation between geopolitical blocs is sharpening and they find themselves confronted by almost all the world’s major players: China, Russia, Brazil (and in general almost all of South America) and now Euroland (1). Meanwhile, they cannot control unemployment where the true rate stagnates at around 20% against the backdrop of an unabated and unprecedented reduction in the labour force (which has now fallen to its 2001 level (2)).

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