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Historian Niall Ferguson likens the US situation circa 2024 to a “late, Soviet America.”
He notes that in 1990, observers were noticing a “ghastly and tragic... loss of morality” within the USSR. “Apathy and hypocrisy, cynicism, servility, and snitching,” were running wild. Nearly half the population thought that theirs was an “unjust society.” USSR leaders were old party hacks...
The Soviet economy was largely fake... almost all of it directly or indirectly controlled by the Communist Party. The government ran chronic deficits... supporting a bloated military that looked powerful, on paper, but couldn’t win a war.
“Sound familiar?” asks Ferguson:
"Look at the most recent Gallup surveys of American opinion and one finds a similar disillusionment. The share of the public that has confidence in the Supreme Court, the banks, public schools, the presidency, large technology companies, and organized labor is somewhere between 25 percent and 27 percent. For newspapers, the criminal justice system, television news, big business, and Congress, it’s below 20 percent. For Congress, it’s 8 percent. Average confidence in major institutions is roughly half what it was in 1979."
Bill Bonner
"If I were fierce, and bald, and short of breath
I’d live with scarlet Majors at the Base,
And speed glum heroes up the line to death.
You’d see me with my puffy petulant face,
Guzzling and gulping in the best hotel,
Reading the Roll of Honour. “Poor young chap,”
I’d say — “I used to know his father well;
Yes, we’ve lost heavily in this last scrap.”
And when the war is done and youth stone dead,
I’d toddle safely home and die — in bed."
“Base Details” by the British World War I poet Siegfried Sassoon
People in every single one of the top US allies now think it’s better to depend on China than the US.
The global balance of power is clearly tilting away from the US and toward China.
Yes. According to The Guardian, Britain’s national security adviser Jonathan Powell attended the final US-Iran talks in Geneva and believed Tehran’s nuclear proposal was significant enough to keep diplomacy on track and avoid escalation. Sources said progress had been made and that the Iranian offer was unexpectedly substantial.
The report also highlights concerns about the US negotiating team led by Jared Kushner and special envoy Steve Witkoff, both closely linked to Israel. One diplomat with knowledge of the talks told The Guardian: “We regarded Witkoff and Kushner as Israeli assets that dragged a president into a war he wants to get out of.”
