Civic and Imperial Decline SIR: In “Pax Americana and the Prospect of US Decline” (March 2012) you state that Niall Fergusson, after the Global Financial Crisis hit the world in 2008, dropped talk of a liberal empire and, instead, he began to promote the notion of America’s imperial decline. He said that the fall of great powers and empires usually happened very quickly, citing the case of Rome, which fell in a mere five decades. In a lecture in Sydney recently he said that empires usually collapse when the central government is bankrupt and vulnerable to its enemies. He noted…
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