11 February 2016

U.S. flight of fancy #4,591.

Needless to say, anyone remotely familiar with world history and the rise of new global powers would realize how wildly improbable this happy scenario[1] was, however the academic study of history was never the strong suit inside the Washington beltway, and in any event, given their absolute faith in American Exceptionalism, historical precedent was dismissed as irrelevant. Indeed, this misjudgment is not without parallel with events in the Middle East where desperately incompetent policy was erected based upon the childlike faith that the US model was so universally attractive that by simply eliminating secular but obstructive leaders – Saddam Hussein, Kaddafi, Assad – the populace would naturally choose a compliant, pro-Western regime, an absolute flight of fancy in a region currently undergoing a fundamentalist religious revival of epic proportions.[2]
[1] That a strong China would place "American geopolitical interests above its own."
[2] "The Widening Gyre – And The Sarajevo Blues." By Erick Kraus, republished 2/11/16 at Russia Insider from Gloom Boom Doom Report investment letter.

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