Two valuable pundits, Niall Ferguson and James Fallows, last month discussed the question what is wrong with Chimerica, and how may it be fixed.
The premise of this discussion is that the People's Republic of China and the United States of America have entered into an implicit alliance, with China supplying the cash for the implicit hegemon.
So the world is run by Chimerica and Chimerica still has to figure out how it is to be run.
That is all the background you need. Click on the link and decide what you think. Thanks.
Knowledge is warranted belief -- it is the body of belief that we build up because, while living in this world, we've developed good reasons for believing it. What we know, then, is what works -- and it is, necessarily, what has worked for us, each of us individually, as a first approximation. For my other blog, on the struggles for control in the corporate suites, see www.proxypartisans.blogspot.com.
Knowledge is warranted belief -- it is the body of belief that we build up because, while living in this world, we've developed good reasons for believing it. What we know, then, is what works -- and it is, necessarily, what has worked for us, each of us individually, as a first approximation. For my other blog, on the struggles for control in the corporate suites, see www.proxypartisans.blogspot.com.
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