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Posted by on Aug 23, 2008 in Economy | 0 comments

China plays to win

CBS Sunday Morning, with its long and thoughtful pieces, is the best of the Sunday lineup; one of the best news shows on TV. Last Sunday they looked at A Post American World: With The Rise Of China And Other Economies, The “Golden Age” Of American Influence May Be Coming To An End.

RELATED: Podcasts of Paul Kennedy on The Nuts and Bolts of Empire and Measuring American Power in Today`s Fractured World:

[@49:24] The power balances as between national units in this decade have been moving faster than at any other time since the 1890s, when at the beginning of that decade the U.S. economy overtook that of late Victorian Britain and by the middle to the end of that decade Imperial Germany overtook it, and Great Britain went from being the largest industrial economy in the world to being the third largest—and there was nothing really that the British could do about it.