Asia’s four pillars of stability, bulwarks of a highly successful regional system crafted and fostered by America, are all crumbling. The region’s future will be shaped and defined by the struggle to replace those pillars.
A stark contrast exists between the tyrannical rulers of the Middle East and the benign despots of East Asia. The precepts of Enlightenment thought dictate freedom for all, but Confucian leaders offer a heretical alternative to Western ideals.
Finance ministers around the world are up in arms over the Fed's latest efforts to jump-start the anemic U.S. economy. The future of globalization hangs in the balance.