This week's topic:
The decline of the American empire
(Topic taken from a French Canadian movie that is really about something else).
Pax Americana has ruled for many of us, ever since the second world war. But there are signs that America could crumble in the future. Some see the events on the horizon as challenges that the U.S. will rise to, but others think they are too big to overcome.
Some challenges are:
• A currency that is possibly out of control - American dollars have been multiplied in a way (http://www.businessinsider.com/feldstein-why-inflation-is-low-2013-6) that may make it difficult for them to import stuff in the future
• Some believe there is an increasing paranoia that will change the American society
• Other countries, such as China, will challenge the status quo
Opinions on Quantitative easing (the printing of money):
"The Fed is in uncharted territory, having created a monster it can no longer control. In the process, it is blowing new asset bubbles that are benefiting those with first access to the newly-printed money (banks and corporations) at the expense of savers, pensioners, and anyone exercising fiscal prudence. This, of course, is creating a vast and growing inequality between the top 1% and everyone else."
Read more: http://www.peakprosperity.com/blog/80790/qe-for-dummies#ixzz2mkMX1qdl
Hyperinflation? No. Inflation? Yes. - Business Insider (http://www.businessinsider.com/hyperinflation-no-inflation-yes-2013-3)
Directions to the place
Inside the café:
Go into the far (deepest) corner in the café. Go right into the wall there. Not kidding, go right into the wall. On your left there is then a staircase leading down. Some people are still unable to find the staircase, if you are one of them, just ask the staff to show you where the basement is. We are downstairs.
By metro + bus:
Take a bus from Slussen. 3 (towards Södersjukhuset) or 76 (towards Norra Hammarbyhamnen), get off at the second stop after Slussen (Åsögatan), turn right and walk 1 minute down Bondegatan. You'll see the café in front of you, at the end of the block.
By metro + walking:
Closest Metro station is "Medborgarplatsen", and the address of the café is Nytorgsgatan 38. If you look near the top of this page you will see this address, and if you click the name of the Café, a map should appear.
On that map, locate the big street "Folkungagatan" north of the Café, and trace it to the west until you see a "T" in a circle. That is the metro station "Medborgarplatsen".
From the main railway station:
For if you arrive with a suburban train (pendeltåg) or a long distance train. Grab bus 59 from outside of World trade center at the top level of the station (Klarabergsviadukten) and get off the bus at the Bondegatan stop.
The English Debate Club:
Challenge and improve your English skills with lively discussions and debates! Sometimes we stick to debate format, other times it evolves into a general discussion.
Participants are welcome to prepare beforehand or wing it - but everyone will be encouraged to contribute to the discussion.
Focus will be on crafting arguments in English, phrasing for emphasis and expanding vocabulary at an advanced level. Native English speakers who would like to brush up on their debating skills very welcome also!
It's okay to interject and to reply directly as long as it does not get out of hand (in which case a speaker's list will be more strictly enforced). People who have not spoken much get precedence.
If you just like to sit and listen that is fine too. For the few who really like to talk at length: You may be interrupted and asked for clarification, or it may be pointed out that you're repeating yourself.
First hour is usually a bit more free form, looking at the subject from different angles, and then we may home in on specifics more during the second hour
Go to Attendee List