American global tenancy
03:14AM Oct 07, 2008 in category 
by George W Frink
Steve Coll brings into focus how Republican stewardship of the economy may have abruptly ended the post-Cold War "era" of U.S. hegemony.
In The New Yorker's Think Tank blog he calls our new predicament Debtor's Dilemma.
Because we are debt-hobbled, "our expeditionary armies in Iraq and Afghanistan will be harder to finance." But there are other, more important effects.
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