It doesn't matter who much of it is due to the current wars (Afghanistan and Iraq) or the planned ones (Iran and Venezuela.)

They're making anyone with an ounce of brain abandon the US currency in favor of the Euro.

Bush's minions (or is it his bosses,) estimate that unpegging the Yuan will fix everything by making Chinese goods more expensive, easing the trade imbalance, is right.

That will single handedly ruin Wal*Mart.

But by being able to go to the Euro, (in New York at the trendiest shops, you pay for imported goods in Euros. The dollar is too unstable!) means that the Yuan is going to take the hit, dump the dollars and be able to continue with Euros.

The dollar will freefall to the value Mexican Peso unless the US shores up the dollar by selling lots of land.

And that will be all she wrote for the experiment in democracy.

History always has a tendency to repeat itself - sooner or later.
The best comparative empire in history analogous to America would have to be Rome.

The originator of Democracy - Greece, was not able to have the influential power of Rome after their fractionization when Alexander the Great died - followed by Selucus and Ptolemy and their descendants vying for supremacy.
Once the rivalry began the Grecian Empire lacked cohesion and faded into history.

Rome, however, gives us a better case example of the deterioration within a republic.
As the Roman Republic maturated it developed into a democracy.
Within the Roman Democracy a metastazing corruption was unavoidable.
This depredation was caused by a lack of leadership due to the competetive drive of the elite within its populace; which consequently caused the government to become dysfunctional.
Elite control of the government created an extreme gap between the wealthy and the proletariat.
This atmosphere within Rome created civil unrest among the majority and division among the populace on whom they should give their allegiance to.

It was within this confusion Julius Caesar and those who would follow him came to power through deception and propaganda.He was the first Roman leader to claim to be divine, and therefore, had the right to rule the people with complete authority.
All those who would follow on the Roman throne would claim to be Jupiter incarnate (if memory serves me correctly) and would consequently carry the title 'Emperor of Rome'.
Much in the same way the Pharaohs of Egypt carried the appellative 'Horus in the flesh' the son of Amon Ra.
The end result of absolute power.

Ostensibly Rome retained the cognomen 'democracy', but in reality, Rome turned into a dictatorship by 21st century definition.
As history shows us, it was at the time of the rise of the Emperors that Rome became exponentially more violent and bloody; and the brutality of Rome became legend.

With a careful perusal of Romes history, it becomes axiomatic that America is following the same path, i.e.: the elite within America having inordinate influence - creating a growing gap between the rich and the poor - and causing the proletariat to become agitated with dishelved confusion among the majority.This conflagration will become incalculably more exacerbated by the current economic problems due to the plateau in oil production and the contraction of the economy.

I find it quite sad most are willing to believe the nonsense that all of the geo-political problems we are having can be directed towards one individual (that being the current President), when in fact, there is no possible way in this current system government one person can be the root cause of all of our failures.This only makes it painfully obvious how uninformed the majority are, and showcases the maladroit actions of the corporate media. All of us to one degree or another share the blame, but hardly any are willing to accept that responsibility.
This type of ignorance will bring a change that most would be shocked by if they only knew the consequences.
Revolution in the 21st Century is a very bad idea.

I'm afraid msbpodcast is right when predicating the days are numbered for democracy.

History may indeed repeat itself.

Graeco Roman civilisation was pretty bloody before the Emperors, with cheerful hobbies like decimating armies to maintain discipline and live dissection of slaves to improve medical knowledge.

That quibble aside, most of what you say I would agree with, with the exceptions that inevitable is usually best determined in hindsight - how do you prove that greater understanding of what was occurring could not have altered the outcome? - And also I don't think that individuals should escape all responsibility - the group around Bush is still a criminal clique intent on subverting the country in their own interests, even if the tide of history is that which empowers them to do so.

Don't get me wrong, I do believe the President may have nefarious reasons for his decisions.
But!
I do recall a speach recently were he told the American public that "Americans are addicted to oil."
If I read between the lines I would interpret that as "...Hey you idiots, we're in Iraq to feed your insatiable thirst for oil. Why are you bitching about the war..?"
This is one of the many reasons why we all share the blame - out of ignorance.

It would be ideal if there was a greater understanding of our current crisis to quell a potentially devastating conflict....But how many individuals actually understand the concept of peak oil globally?

1 million, maybe 3 million?

Instead of the majority seeking knowledge by the erudition of history - so as to insure mistakes are not repeated - all I see are the majority of people clamorous for more 'bread and circus'.

Nice comment, sampson.

I too like to fit current events into a larger historical context in order to try to gain understanding. And even though I might disagree that Rome offers the "best comparative empire," I nevertheless agree that much of what we are seeing can be attributed to the "decline of empire."

I wonder though if what is transpiring is not just the decline of the American empire, but a more general decline of the Western imperial complex as a whole. For the last 500 years the baton of top global empire has been passed around, the United States carrying it for the last century or so, perhaps at times in close competition with Russia, but before that Spain, England and France all had their day in the sun. But the baton always remained within the Occident. Could it be that the time has arrived when non-Western empires will dominate, as they did after the fall of the Roman empire, and when all of Europe came within a hairbreadth of falling under Moslem domination?

Jacques Barzun has written about the cultural rise and fall of the West in From Dawn to Decadence: 1500 to the Present. He argues that the "point at which good intentions exeeded the power to fulfill them marked for the culture the outset of decadence." This sentiment is echoed by Carlos Fuentes when he wrote: "The Renaissance dream of a Christian Utopia in the New World was also destroyed by the harsh realities of colonialism: plunder, enslavement, genocide. Between the two was created the baroque of the New World rushing to fill in the void between ideals and reality." In the United States the Baroque has taken the form of our whirling, flamboyant, excessive lifestyles, every waking moment filled with movies, music, sports, entertainment and extravagance. "Nothing," as Fuentes goes on to explain, expressed "uncertainty better than the art of paradox, the art of abundance based on want and necessity, the art of proliferation based on insecurity, rapidly filling the vacuums of our personal and social history...with anything that it found at hand."

That said, I've often wondered how Peak Oil plays into this. I for one am convinced that Peak Oil in the Occident (more or less corresponding to the OECD) is upon us. Only a small portion of total global petroleum reserves reside within the borders of Western countries. Does that have anything to do with, or will it contribute to, the decline of the West?

It seems that, if the empire were functioning properly, it would not. Fuentes gives us a definition of the Bourbon concept of empire:

[T]he function of the Spanish crown was to promote the development of the Iberian Peninsula and that of the American colonies was to furnish raw materials and cheap labor for the greater prosperity of Spain.

With the advent of the 19th century, overt empire became unfashionable, or unprofitable, and a more sophisticated type of empire evolved. "Economic liberalization" was its creed. The cross and the sword were replaced by the calculator and the gunboat. Again quoting Fuentes:

In the phase immediately after independence, Britain managed Latin America's foreign trade; in the latter part of the nineteenth century, the United States came to be the principal partner. However, they employed the same instruments of economic power, namely favorable agreements for their merchants, loans and credits, investment, and the handling of the export economy of minerals, agricultural produce, and natural products required by Anglo-American expansion. A highly privileged local minority served as intermediaries, both for these exports and for the imports of manufactured European and North American goods, which were in demand among the urban population in the interior....

Saudi Arabia provides the perfect current-day example of one of the few remaining "highly privileged local minorities" serving as intermediaries for Western interests. Bin Laden has avowed to remove this privileged minority. At the same time, the United States is trying to re-establish another privileged minority, loyal to Western interests, in Iraq following the betrayal of Saddam Hussein.

I suppose two scenarios are possible as to why the non-OECD countries are no longer providing abundant and cheap oil:

1) Failure of empire, or

2) The non-OECD, as well as the OECD countries, are experiencing Peak Oil.

And perhaps these two do not operate independently of each other.

hello DownSouth,

I appreciate the philisophical points of view expressed by Mr. Fuentes, namely:

"....In the United States the Baroque has taken the form of our whirling, flamboyant, excessive lifestyles, every waking moment filled with movies, music, sports, entertainment and extravagance. "Nothing," as Fuentes goes on to explain, expressed "uncertainty better than the art of paradox, the art of abundance based on want and necessity, the art of proliferation based on insecurity, rapidly filling the vacuums of our personal and social history...with anything that it found at hand...."

How can one disagree with this perusal of Western Civilization, especially our insecurity?
It certainly should give any American pause to think.

The question of Western imperial influence among the oil producing nations and the growing Asian power block, I believe, can possibly be summerized in the following analysis:

What made me certain of the absolute certitude of American preponderance, and why the Middle East and the Asian Powers will not be able to thwart the will of America - until America's destiny is fulfilled in creating a one world government - were the writings of such political scientists as Zbigniew Brzezinski and Jim Garrison, who is the residing president of the World Forum based in San Francisco.
The thing I appreciate about Mr. Brzezinski is his undeniable candor in describing geo-politics.
One may disagree with his world view, and perhaps consider him to be somewhat callous in his conclusions; but he never seems to be overtly 'political' in his writings and basically gives an outline of future events and how they will materialize in the real world.
He is a strategist, not a politician.
In Zbigniews book 'The Grand Chessboard' he states "...Hegemony is as old as mankind.But America's current global supremacy is distictive in the rapidity of it's emergence, in it's global scope,and in the manner of it's exercise.In the course of a single century, America has transformed itself - and has also been transformed by international dynamics - from a country relatively isolated in the Western Hemisphere into a power of unprecedented worldwide reach and grasp..."
He meticulously pointed out not only America's 'peerless military hegemony', but also America's economic preponderance and worldwide cultural influence (something he stresses in his more recent books).
His conclusions are for the concatenation of global American superiority for at least another generation; that will ultimately give rise to a united global order of shared responsibility with America at the nexus of this system.
This is merely a euphemism for a World Government.

Jim Garrison, on the other hand, presents more of the esoteric side of America; and predicates in so many words "...America is Atlantis recidivus...America is the most modern expression of the most ancient quest to attain absolute power through complete knowledge..."

It is worth pointing out that these two political scientists are merely stating facts, not political hyperbole.
All one has to do is read Francis Bacon's 'The New Atlantis' to see where Jim Garrison gained his insight.
It is fascinating and somewhat maledictious that Francis Bacon, in a 16th Century book, described 'flying machines' and 'skyscrapers' many centuries before their existence. It makes one wonder just how he attained this occultic and or secret knowledge.

The descision the individual will face in the near future is whether one decides that the current ongoing paradigm is something he or she really wants to be a part of, or whether they will decide to eviscerate themselves from the onslaught of a relentlessly technocratic globalization.

Ultimately, one's freewill cannot be violated.

As someone reminded me on an earlier discussion, it's really not that complicated.