Thursday, April 29, 2010

Rising and Declining Economic Powers: The Sino-US Conflict Deepens

By James Petras

"Will the intensified conflicts between the US and China inevitably lead to a global conflagration? If recent past history is any indication the answer is a resounding yes. The most destructive wars of the 20th century were the result of confrontations between established (EIP) and rising (RIP) imperial powers. The practices and policies of the former serve as guides to the latter......"

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