emazur
12-04-2010, 11:34 AM
http://www.lewrockwell.com/north/north916.html
from CFR president's article:
Just over two decades ago, the historian Paul Kennedy published his influential study of the rise and fall of great powers. His thesis of "imperial overstretch" was simple but important: the costs of carrying out an ambitious and expensive overseas policy can undermine the economic foundations of a state (p. 34).
review:
YouTube - CFR running simulation games on financial collapse (http://www.youtube.com/watch?v=qU53qmDUF6M)
from CFR president's article:
Just over two decades ago, the historian Paul Kennedy published his influential study of the rise and fall of great powers. His thesis of "imperial overstretch" was simple but important: the costs of carrying out an ambitious and expensive overseas policy can undermine the economic foundations of a state (p. 34).
review:
YouTube - CFR running simulation games on financial collapse (http://www.youtube.com/watch?v=qU53qmDUF6M)