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The end of Western capitalism?

Not quite, but both flavors - unfettered American-style and European social democracy - are in trouble

The European Union's ignominious decision to turn to the IMF to bail out a member state, Greece, is a canary in the coal mine. With Western geopolitical credibility already severely weakened by the Iraq fiasco, this latest blow can only accelerate the rising influence of China on the world's many aspiring powers.
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