Pax Americana

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PerryScope By Perry Diaz President-elect Donald J. Trump won the U.S. presidency by virtue of the electoral vote. This is what the U.S. Constitution prescribes upon whom the presidency is given to. However, he lost the popular vote to Hillary Clinton by 2.9 million votes. More than half of the American voters believe that Trump’s come-from-behind victory happened because the Russians hacked the electoral votes Read More …

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PerryScope By Perry Diaz For more than a quarter of a century, the United States enjoyed the distinction of being the sole superpower in a unipolar world order after the Soviet Union imploded in a day.  This was when then Soviet President Mikhail Gorbachev resigned on December 25, 1991 and dissolved the Union of Soviet Socialist Republics (USSR). What followed was a period that came Read More …

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PerryScope By Perry Diaz In his speech accepting the Nobel Peace Prize awarded to him in December 2009, President Barack Obama said: “I receive this honor with deep gratitude and great humility. It is an award that speaks to our highest aspirations — that for all the cruelty and hardship of our world, we are not mere prisoners of fate. Our actions matter, and can Read More …

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PerryScope By Perry Diaz When the Cold War ended with the collapse of the Soviet Empire in 1989, the United States of America became the only superpower left on Earth. It was the beginning of Pax Americana — American Peace. And for more than two decades, America was the undisputed arbiter of global affairs. She rules the deep blue waters with a nuclear-armed naval force Read More …

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PerryScope By Perry Diaz After the collapse of the Union of Soviet Socialist Republics (USSR) in 1991, there was only one superpower left in a unipolar world order: The United States of America. For the next two decades, America was the world’s hegemon. It kept peace in an ever-increasing turbulent world. Thus began the era of Pax Americana (American Peace). Today, America is being challenged Read More …

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By Carl Delfeld   Wealth Daily “Are you an idiot?” This was just one of the politer emails I received after publishing an article predicting that the U.S. dollar would remain the world’s key currency for a long time. Many others contend that before long, the Chinese currency will eclipse the dollar as the world’s reserve currency. Nonetheless, I noticed that governments continue to park Read More …

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PerryScope By Perry Diaz “America at war” headlines a newspaper. That’s an understatement; America has been at war since the “War that will end all wars” or World War I as we know it. Indeed, the world has been at war since then. Yes, World War II followed and then the Cold War… followed by the Korean War… followed by the Vietnam War… ad infinitum. Read More …

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PerryScope By Perry Diaz In an apparent move against Japan – and the United States — China established an Air Defense Identification Zone (ADIZ) over a large portion of East China Sea, which includes the disputed Senkaku Islands. The “No-Fly Zone” took effect last November 23. In her announcement, China said that her military would take “defensive emergency measures” if aircraft entered the area without Read More …

Xi Jinping (Credit: The Economist)

PerryScope By Perry Diaz What started as a word war between Japan and China could lead to another world war, and perhaps the last world war – of the “Dr. Strangelove” variety — on planet Earth. And just the thought of a catastrophic nuclear war would deter China and Japan from starting a war. So, why then wouldn’t the two protagonists stop jabbing at each Read More …

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By Douglas Carswell The Telegraph (UK) A revanchist Russia ships arms to her allies. Iranian revolutionary guards arrive along the eastern Mediterranean seaboard. The world, it seems, can be a dangerous place. The escalating conflict in Syria is not merely a reminder of what nasty regimes can do. More ominously, it illustrates what can happen when America – still the world’s great power – sits Read More …