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SPOT ON. Once hegemonic empire became a matter of who controls the money and banking, all notions of moral and intellectual leadership went out the window. China will most likely be the new hegemon, but only if they are willing to become the world's banker. Hegemony really will be a pyric victory if the planet dies in the meantime.

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Greg Daneke, Emeritus Prof.
Greg Daneke, Emeritus Prof.

Written by Greg Daneke, Emeritus Prof.

Top Economics Writer, Gov. service, corp consulting, & faculty posts (e.g., Mich., Stanford, British Columbia). Piles of scholarly pubs & occasional diatribes.

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