Summary
In bleak and tormented moments, I fear that the seeds for the next world war are caught in the cracks between what Europe and the United States have become. I fear the future combatants are angling into position almost entirely unaware of the paths they are on.
Daft as it sounds, I cannot shake this uneasy feeling when I read the news some days. As the United States loses its economic dominance in the world, overextends itself militarily and clashes with allies over environmental concerns, I worry that these tensions could get out of hand.See the full content of this document
Extract
Are We Lining Up for World War?
Take the dollar. Despite a recent gain, the U.S. dollar has been losing ground to the euro since the new currency was introduced in 2002. It's nice to have a strong euro, because that means Europeans can afford to buy American stuff. But what happens when it takes $1.25 or $1.33 to buy one euro? Firs...
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