America threatened by 'imperial overstretch'
The US global empire may have extended itself far beyond its ability to maintain its military or economic commitments.
LIKE some great empires of the past, the American empire may be heading towards decline due to "imperial overstretch" - a concept denoting that the US global empire has extended itself far beyond its ability to maintain its military or economic commitments.
Republican presidential candidate Donald Trump has not actually used the phrase, but he has implied that America is declining due to imperial overstretch, and as a remedy he advocates military and trade isolationism.
T…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Columns
‘Competition for talent’ a poor excuse to keep key executives’ pay under wraps
Why a stronger dollar is dangerous
An overstimulated US economy is asking for trouble
Too many property agents? Cap commissions on home sales
Time to study broadening of private market access
Far from thawing, the US-China economic war could see a new front opening up