The United States is now manifestly seen as a weak horse even by its allies, a nation in military retreat throughout the world against its three most dangerous adversaries: Russia, China, and militant Islamic fascism.
Tagged: World War I
The siren song of independence and national self-determination has sounded once again across Europe. It is a song that holds echoes of a century ago, when the internal force of nationalism convulsed the European empires into world war. Yet, while the song remains the same, the tune has changed.
Ninety years ago, on November 15, 1923, the Great German Inflation came to an end when the monetary printing presses were finally shut down, and the economic havoc came to an end. Its lessons are worth remembering.