The only flaw I see is around the American consumer. I think that while the other areas / competitors will have a sphere of influence. They all will want to “sell” to the American market, because if the number of customers and general wealth.
Russia, Europe, China/India, and Africa either have raw materials or manufacturing capacity…they don’t have domestic markets big enough to take/buy/consume the finished products at a volume and price point that generates wealth for them. Yes some individuals get ‘rich’…but they are the outliers.
Until those areas increase their ‘middle’ class to consume what they produce, they will need the US Market.
Because of that, the strategic balance you outlined (which I believe is the correct course of action), cannot happen.
Hmm. Your logic only makes me more comfortable in the rebalancing concept. You point out the power (supremacy) of demand -- something I argue in the book. So, I think our self-confidence on that score actually makes this path easier to imagine. People the world over will always want to sell to us. We don't need to play global Leviathan for that to remain true.
We are. I just wonder how much economics factor into others calculus?
For the US to be able to reduce the size and cost of our defense, while maintaining our general protection is huge. You know the dream of the ‘peace dividend’ 😃
The only flaw I see is around the American consumer. I think that while the other areas / competitors will have a sphere of influence. They all will want to “sell” to the American market, because if the number of customers and general wealth.
Russia, Europe, China/India, and Africa either have raw materials or manufacturing capacity…they don’t have domestic markets big enough to take/buy/consume the finished products at a volume and price point that generates wealth for them. Yes some individuals get ‘rich’…but they are the outliers.
Until those areas increase their ‘middle’ class to consume what they produce, they will need the US Market.
Because of that, the strategic balance you outlined (which I believe is the correct course of action), cannot happen.
Hmm. Your logic only makes me more comfortable in the rebalancing concept. You point out the power (supremacy) of demand -- something I argue in the book. So, I think our self-confidence on that score actually makes this path easier to imagine. People the world over will always want to sell to us. We don't need to play global Leviathan for that to remain true.
I suspect we are in violent agreement.
We are. I just wonder how much economics factor into others calculus?
For the US to be able to reduce the size and cost of our defense, while maintaining our general protection is huge. You know the dream of the ‘peace dividend’ 😃