Wikistrat has released edition 11.08 of the CoreGap Bulletin.
This CoreGap edition features, among others:
- Obama’s “Chinese menu” of Past Presidential Doctrines
- Disaster in Japan and instability in Gulf likely alter global energy landscape
- China steps on growth brake, hunkers down on potential domestic unrest
- Mexico, at wit’s end over blood-soaked drug war, pushes US for relief
- Egypt’s political change agenda proceeds, but tougher economic reform awaits
The entire bulletin is available for subscribers. Over the upcoming week we will release analysis from the bulletin to our Geopolitical Analysis section of the Wikistrat website, first being "Terra Incognita: Obama’s “Chinese menu” of Past Presidential Doctrines"
To say that President Barack Obama’s foreign policy plate is full right now is a vast understatement, and it couldn’t come at a worse time for a leader who needs to revive his own economy before trying to resuscitate others (e.g., Tunisia, Egypt, South Sudan, Ivory Coast – eventually Libya?). Faced with the reality that America’s huge debt overhang condemns it to sub-par growth for many years, Washington enters a lengthy period of “intervention fatigue” that – like everything else, according to the Democrats – can still be blamed on George W. Bush.
It is estimated that 30 percent of the current US federal deficit was set in motion by the Bush administration and another 30 percent by Obama trying to correct those mistakes. But the biggest problem remains the 40 percent triggered by entitlements growth – the simple aging of America. With China now applying the brakes, Japan suddenly and sensationally damaged by mega-disaster, Europe still processing sovereign bankruptcies, and Arab unrest pushing up the price of oil, there appears no obvious “cavalry” riding to the global economy’s rescue. It would seem that America’s “circle the wagons” mentality has gone global, as every beleaguered leadership now looks out for itself.
Read the full piece here
More about Wikistrat's Subscription can be found here