Why America is Doomed to One Disaster After Another » Counterpunch: Tells the Facts, Names the Names
"America’s crisis is both military and economic; they are interrelated because America has a huge deficit, in large part because it has the chimerical ambition to be the world’s dominating military power, which costs it immense sums of money, which its deficit spending largely funds. At the same time it has lost most of its major conflicts militarily, politically—or both."
