We’re Number Two! China Overtakes US as World’s Largest Economy

We’re not number one anymore. The International Monetary Fund just released this year’s economic production numbers and China has officially overtaken the US as the world’s largest economy: The International Monetary Fund recently released the latest numbers for the world economy. And when you measure national economic output in “real” terms of goods and services, China will this year produce $17.6 trillion — compared with $17.4 trillion for the U.S.A. As recently as 2000, we produced Read more […]

World Peace is Further Away Than Ever

A watch group on world peace says there are only eleven countries in the world that aren’t involved in some internal or external armed conflict. In other words, world peace is quite far off. Are we doomed to this cycle until we eventually blow all of humanity back to Barney Rubble? World War I was “the war to end all wars.” Except for it wasn’t. World peace made some strides, and then the bottom fell out. World War II bought us a few more years, but here we are, seemingly poised on the Read more […]

Iran, Nukes, and Waning American Hegemony

If you are a student of history, you know that the most stable times in international and domestic politics are those times when an effective hierarchy of rule is stable. Transitional periods are the worst. Even a harsh and cruel government, if it were stable, can produce tolerable results domestically and internationally. Hegemony is national dominance, and there is no doubt that America has been in a position of international hegemony for quite some time—at least since WWII. Our financial Read more […]