Originally Posted by La Texican
Quote "our" Jon Law:

Let me know when financial bubbles start creating enduring prosperity instead of manias, panics, and crashes.



No, I meant more like they're the scout camp, going to foreign places, seeing beautiful people and exotic things and.... Not blowing them up. I respect and thank our military, don't take that the wrong way. I wouldn't call corporations saints (more like outlaws) but... How have nations interacted throughout history. Uh huh. Globalization through the Banksters corporate dealings sure seems less violent than command and conquer new territories. And the countries get to keep their local governments. It's not paradise, but it's less bloody globalization.

Oh, you're talking about the empire/world leader system of the West, meaning that since we won the last go-round, we pump wealth from them to us. The Spanish, Dutch, and British got to do that for a while, each in their own way.

We're currently in the delegitimation phase where the hegemonic power of the world leader begins to wane after a period of free international action. See the British Empire circa 1900 for comparison.

If the hegemon doesn't win the next Great Power struggle (vs. China (?) circa 2030-2040 (?)), that ends with a massive hangover in the formerly hegemonic nation.