Here, I posted a warning about John McCain’s democratic embrace. Fareed Zakaria plays the game much better, as he looks at it from the U.S. perspective. Not to worry though; the Democratic candidates can pop off on NAFTA because they know that Canada and Mexico are not going to renegotiate, while the Republican candidate can talk about kicking Russia out of the G-8 because he knows that the rest of the original G-7 will never let him do it. At least our politicians’ pandering is (mainly) about money, and our own at that.
Sorry, that wasn’t nice. Actually, the resemblance to a child throwing a tantrum is only superficial, for there’s a reason why the U.S. gets away with this and much, much more. Like it or not, the U.S. is the ultimate guarantor of the global system. None of us, not the EU, not Russia, not China, certainly not Japan, are willing to share the very real responsibility that the U.S. has staked out for itself.
Can it go on much longer? Should it?