A new Washington Consensus is taking shape. That’s the way it is being presented, anyway. In many ways there is nothing new about this emerging consensus. It is the latest iteration of an old set of ideas and objectives. The idea is to shape a consensus around a set of policies, and the objective is to establish control of the global political economy.

In this sense it is an attempt to reboot the place and role of the US in the world. However, the decline of the West, such as it is, provides a useful explanation for the emerging new consensus. Let us walk gently through some of the news and analyses.  ..

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