The period during the first 10 years of the 21st Century when the United States and Western Europe experienced severe financial mismanagement, executed dubious
Middle East military expeditions, and purchased goods from
foreign countries with
unbounded borrowed money.
"The Great Squandering focus on terrorism was sleight-of-hand distraction away from the economic threat of China. We've been fooled. And as long as
American's continue to
bask in the luxury of fighting against each other, there's an increasing probability that our great-grandchildren will be speaking
Chinglish."
