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The American Empire in a Changing World



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Friday, November 4, 2011

Pepe Escobar: "Fear and loathing in the Cannes debt festival"

from asia times online......

"In the initial scenes, straight out of a crappy episode of Friends, Merkozy are in total panic; the (invisible) God of the Market is angrier than Zeus, threatening by lightning bolt to reduce Fortress Europe to sub-Saharan poverty - without the benefit of a North Atlantic Treaty Organization-imposed no-fly zone. 

The photogenic Great Barack Obama - the leader of the free world - is about to descend in Cannes, and Merkozy gotta do their best to show their humble abode - Europe - is in order, the (debt) trash at least swept under the (made in China) carpet. 

And worse, the Almighty Chinese President Hu (Jintao) - the leader of the universe - will also show up, and they gotta use all their Brangelina charm to seduce the Chinese Almighty into disbursing some pocket money for charity out of his US$3.2 trillion reserves"...........READ MORE 

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