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opting out of globalisation sure has done wonders for north korea. ::) actually, canada's problem is not too much globalisation, it's problem is not enough globalisation -- we are too exposed to one single foreign market (can you guess which one?)

the world's currency markets are driven by ideology? that's a new one on me ...

if the islamic countries want to bring their economies closer into line with their bronze-age political systems, then let them fill their boots. since the topic of this thread is societies that are "doomed", these guys are a prime example. they can price their oil in whatever quaint commodity...

and who are the dark forces behind this sinister plot?

that equilibrium would continue, too, if the dollar were to remain the only major currency that looks like a benchmark store of value to traders and monetary authorities. forex trading is as much about perceptions as fundamentals, and the dollar's value has increasingly been all out of...

no-one serious is predicting a us collapse. but there will be a correction, sooner or later. the only question is will it be a sudden crash or (hopefully) gradual. and if the asians (not just china) start unloading their us dollars, there'll be plenty of buyers -- at a deep discount. the...

All this gloating i seee earlier in the thread about europe's and canada's problems conveniently ignores one very large elephant sitting in the room. That's the fact that at least some portion of the high US standard of living is borrowed, financed by foreign bond-holders who are hanging on to...

i got a unficyp medal for doing a cyprus tour, then the cpsm for getting my first medal. does this mean i can expect to get another medal for getting the second medal, and so on and so on?  :P

OK, OK, "major shift in the electorate" or "revolution", you say tomahto i say tomato. but i assume we can both agree it will be nice see the liberals suffer a massive rout at the polls, of the kind that struck the tories back in 93. i just happen to be cynical about all the parties out there.

it means the Liberals are in parliament because voters put them there (and no, they did not get my vote, fwiw). the govt may be incompentent, even corrupt, but the masses are not about to storm the barricades and overthrow a brutal dictatorship, like in ukraine or lebanon, etc. that is the...

i will agree completely that politicians and others have milked this whole "peacekeeping" schtick to the detriment of our military. That "peacekeeping monument" on the $10-bill annoys the h out of me. But then again, the way mark steyn throws around accusations of cowardice like confetti at a...

A "Maple Revolultion"! Brilliant! It's time for the Canadian people to stand up to ... the majority of voters. ::)

very impressive movie. but i couldn't help but hit the rewind button in the scene where the younger brother is running away from the hospital, past a row of allied flags that includes a canadian flag -- the modern maple leaf one, that is. :cdn:

john gault, maybe mark steyn's got a fancier bloomberg terminal than i do, but i haven't been seeing any great stampede, or even trickle, of investments away from the currencies, stocks and bonds of europe or canada, or any latin-america-style warnings of political risk from any of the credit...

Just how is Europe's economy going to collapse? It's comparable to those of the us or asian countries, and europe also has a lot of intrinsic disadvantages the us doesn't: the eurozone has very real language barriers, segmented capital markets, germany is still digesting the old east germany...

lawyers schmawyers. he should have at least been man enough to take his lumps, without all the whining. it seems the other pilot (umbach) was. it's called taking responsibility for your own actions...

that's mark steyn for ya. he's got a real talent for tarting up his lurid wet dreams and repackaging them as grim prophesies of doom. so here's my grim prophesy: canada, the eu, the us and the rest of western civilisation will still be open for business in 2010, 2020, 2030 and so on, with each...

The economist begs to differ, and also has some good things to say about the effectiveness of UN troops in the area. http://www.economist.com/world/africa/displayStory.cfm?story_id=3715904 excerpt:

i wish celucci would go around saying "you don't need a military. we'll take care of you." you can bet there'd be a public clamour for more defence spending after that

majoor, An interesting article, though i don't think i would necessarily lump all three of those developments together as "technological advances". Number 1, the end of the gold standard, was long overdue, being a major move away from 19th-century mercantilism (the quaint notion that national...