Over a decade ago, I recall a discussion that I had with a group of friends while I was working in Bangkok, Thailand.
Though I am not a professional Economist, I am well read and I keep abreast with social events, political ramifications and current world affairs. Nothing that I would say is considered classified information. Just the usual fare that you too read about or hear about it over the various forms of media.
We talked about World’s Supremacy and diverse matters that go along with it. None of us believed that our small shop talk would make any drop of change in the any direction or would it improve anyone’s erstwhile standing.
Just pundits we were, one and all, appearing to know more than what we really did know. It was at this discussion that I remember having stated, the fortunes of the United States of America will fall as did all other Empires in Civilization of gone by era. And it caused a heated discussion because the most Thais “idolize” America. LOL!
Today, I chanced on this article which screamed,
“IMF Bombshell: Age of America Nears End”
Of course, there will be arguments for or against that notion. Read all about what Brett Arends, a senior columnist for MarketWatch and a personal-finance columnist for The Wall Street Journal wrote about it. [ HERE ].
My premonition then, based on analytical insights on the United States of America is proving right.