US empire could collapse at any time, Pulitzer winner tells Raw Story

[Watchman]

US empire could collapse at any time, Pulitzer winner tells Raw Story

Nathan Diebenow
The Raw Story
December 17, 2010

America’s military and economic empire could collapse at any time, but predicting the precise day, week or month of its potential demise is unattainable, according to a former New York Times war correspondent who spoke with Raw Story.

“The when and how is very dangerous to predict because there’s always some factor that blindsides you that you didn’t expect,” Pulitzer-winning journalist Chris Hedges said in an exclusive interview. “It doesn’t look good. But exactly how it plays out and when it plays out, having covered disintegrating societies, it’s impossible to tell.”

He explained that he learned this lesson as events unfolded around him in the fall of 1989. Then, members of the opposition to the Soviet Empire told him that they predicted travel across the Berlin Wall separating East from West Germany would open within the year.

 

[longbow]

Silly article.

1) Pulitzer prize author has NO street creds. Now if he were a Noble prize economic winner one can consider.

It is not that US economic empire is collapsing but it is that BRIC economies are getting larger. Where US GDP was once 5 to 6 times larger than the next largest economy, we will see in 10 to 15 years a few economies challenging that dominance.

The whole concept of US$ as reserve currency maybe replaced by an international basket of currencies - reflecting the countries with the large GDP. As such, printing US$ to fund deficits is no longer an option - so military size will have to be reduced. Less power projection and no real ability to push their weight around but still remain the most powerful military for the next 30 years.