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"Oil, Credit, And The Shifting Balance of Power" by Dr. Edmund Clingan

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Rating: 2.9 (182 Votes)

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April 18, 2012 As Paul Kennedy wrote in 1986, great powers rise and fall, usually for economic reasons. This analysis enabled Kennedy to predict the end of the Soviet Union. We now have more precise economic measurements, but the lesson remains. It appears that the balance of power has shifted...

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