A Decade That Was . . .

By Paul Chong Friday, 11 December 2009

The concept of “Too big To Fail” proves to be otherwise

as shown by the collapse of General Motors & AIG.

When at the top, the only other direction, is down.

The bigger you are the greater the fall!

The old proverbial wisdom says: “Pride comes before a fall.”


The American Dream is dimming as in the wake of a wink. Historically, America couldn’t have a worst time than the decade that is going by. There’s been a series of one disaster or catastrophe after another . . . a decade of debacle chiefly 9/11 to financial wipe-out (2001 – 2009). This is the most dispirited & disillusioning decade the Americans ever lived through! Call it “The Decade of Broken Dreams”?, “The Decade from Hell”?,“The Decade of Reckoning”? Or “The Lost Decade”? . . . you’d soon run out of the superlatives!

General Motors Collapse

Could this be just a glitch or false alarm? The dreaded millennial meltdown never happened? No major wars were fought, yet thousands died – 9/11, Iraq & Afghanistan – both victims & soldiers, not counting the innocent dead & millions of displaced refugees.

Has God been conspiring & most unkind? God certainly forbids the falsehood & lies about the invasion. God has also been thrown out of every aspect of American life! God’s been forgotten but is God forgiving?

Perhaps all these catastrophes are signs from Heaven – one after another – two market crashes — one at each end of the decade. You might recall the first Wall Street crash, when swooning tech stocks tanked the market from 2000 to 2001, not long after the Nasdaq hit an all-time high of 5049 on March 10, 2000. (Recent levels: 2150-2200.)

This was followed by the defining moment of the decade, the terrorist attacks of 9/11, which redefined & impacted global politics for at least a generation and caused US to question the continental security which they rarely worried about. US waged war in Afghanistan that drags on for eight years now and today it is deadlier than ever. Then came the fiasco in Iraq. Don’t forget the anthrax letters and later the Washington, D.C., snipers and the wave of Wall Street scandals highlighted by Enron and WorldCom.

Hurricane Katrina which occurred right in the midst of the decade 2005 (August 29) in Southern Louisiana killing more than 1,500 & causing $100 billion in damage. This is the single largest natural disaster in US history – problems of which have largely been unsolved.

A housing bubble fuelled by the availability of cheap money and excessive borrowing set ablaze by derivatives, so-called financial weapons of mass destruction, put the economy on the brink of collapse. The Americans will be sorting through the damage for years. Meanwhile, the living, breathing symbol of this economic sordidness, the great con artist. Bernie Madoff, rots away in a N.C. jail cell, doing 150 years for orchestrating the biggest Ponzi scheme in the history of humanity.

The United States of America has failed to lead by example. Its dollar value is collapsing, its economy is faltering, its unemployment hits double-digits, the list just go on & on. Has Western capitalism seen the end of its road? Is America, its citizens known famously as “the ugly Americans” now becoming old & weary . . . no longer having the zeal & zest to dictate?

You be the judge & jury!

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Empires Rise Empires Fall (In Peace or In War)


US Break-UpRussian Prof Igor Panarin’s Apocalyptic Vision Of America

No empire stands supreme or endures forever. However great & invincible or indestructible all empires succumb to destruction either from within or without. The quest for immortality is forever there, but heavy is the crown for those who dare! The fall is inevitable & will always be there whether it takes a century or millennia.

Falling back on the history of mankind, the stories of 25 empires, both ancient & new, have left an indelible imprint:

Sumerian Empire                            Chola Empire

Assyrian Empire                             Songhai Empire

Achaemenid Empire                       British Empire

Athenian Empire                            Ottoman Empire

Alexander the Great                       Imperial China

Inca Empire                                     Abbasid Empire

Roman Empire                                 Aztec Empire

Trading Empires of the Spanish, Portuguese & Dutch

Empire of Aksum                          Mughal Empire

Mongol Empire                              Napoleonic Empire

Byzantine Empire                          Third Reich

Holy Roman Empire                     Soviet Empire

Umayyad Empire                          A New World Empire


The reasons for the collapse are many & varied, and there are books & theories which you can lay your hands on, if you are particularly interested to know further. History has a way of repeating itself! We study history but never learning from it.

US has laid waste in many lands & never came out of them truly victorious. It has never learnt from its past disastrous experiences in Korea, Vietnam & Iraq. In Afghanistan, it is now pursuing a fruitless & draining war against an unseen enemy under the guise of freedom & democracy.

The United States, more than any other nations, maintains more foreign military installations spreading over a total of 140 countries around the world, including Asia, Europe and Africa with considerable concentration within the Middle East. It was such approach that prompted the Romans for greatness, establishing military presence and maintaining armed forces in the conquered lands.

In the wake of the present day global economic crisis, brought on by the Americans, political & economic analysts, academicians & writers are predicting the fall of the United States of America. This may seem laughable & unimaginable.

Most prominent among the forecasters is Russian Professor Igor Nikolaevich Panarin, political scientist, writer intelligent analyst, strategic & information warfare expert, the Dean of International Relations at Moscow’s prestigious Diplomatic Academy. His high-profile students have included parliamentary deputies, regional leaders, Kremlin officials and Foreign Ministry spokespeople.

Prof. Panarin Prof. Igor Panarin (30 Oct 1958)

Professor’s Apocalyptic Vision Of America lies in the disintegration of US into 6 blocs by the summer of 2010, as depicted in the map above, with Russia, Japan, China among others having a good piece of the cake.

Prof. Igor Panarin first came up with his grim forecast back in 1998 by analysing the parallels between the Soviet Union in its final years and the current situation in the US.

Like Mikhail Gorbachev, Obama is promising much

But the road of delivery is hitting the rough.

Then again,The highway of the upright avoids evil; he who guards his way guards his life. Pride goes before destruction, a haughty spirit before a fall.” Proverbs 16:17-18 (NIV).

Like Rome, US may well be destroyed from within.

Paul Chong

Wednesday, 28 October 2009