Annals of the rising Lilliputians
The center of gravity of power is shifting relentlessly from the West. The most successful cars are made in Japan. The power of the purse is shifting to less profligate countries like Singapore, and petro-powers like Kuwait. Manufacturing has gone to China. Energy is in the hands of Saudi Arabia, Russia and others.
Friends, Cattle Markets, and a Luddite Revolution
11 minutes ago