by Anson Bentley

Created on: March 14, 2010

Every contrarian bone I have in my body tells me that America is about ready to enter a new era of worldwide expansion and prosperity on a grand scale, considerably necessitated by self-interest and quite possibly as a pre-requisite to behind the scenes political and diplomatic demand from those nations who fear current rising great powers who do not aspire to their cultural goals and ideals. Although it is very difficult to find ‘popular’ sentiment for this argument, this short article posits that the very non-existence of material is actually evidence to prove its theory.

For instance, as noted in many publications, newscasts, university lectures, etc., America seems to be riding the path to insignificance that has plagued many other regional and world powers in the past, including the Greeks, Romans, Chinese (who are supposedly ready to take over), Byzantinians, and the English/British, to name a few. It reminds me of when I was a child, in the 70's, when Japan was rising and many of the same outlets were quick to preach and prophesy of the unavoidable doom and gloom that was coming our way. America rose to the occasion then by upgrading technology, infrastructure, quality and innovation, and used the competitive opportunity that Japan supplied, to 'get its house in order' and actually came out stronger and better positioned for the future, which resulted in unprecedented economic growth and prosperity, for the most part, over the next decade. Again, the same rhetoric sounds so familiar today and leads into the theory below.

Notwithstanding the negative 'press' concerning Americas certain decline, my thinking is inspired by many sources, including investment strategy used by many of the most successful money moguls on the planet. Basic 'contrarian' strategy includes going against the general consensus. In other words, when all the selling has concluded, a buying opportunity and subsequent turnaround is inevitable. An example of this ideology can be illustrated by paraphrasing the investment doctrine of the great Warren Buffet, the worlds premier buyer and seller of everything, as he elaborates on the above mentioned contrarian ideology by stating, 'You pay a very high price in the stock market for a cheery consensus', and this would tell me that the opposite must also be true in that the current global morosity concerning America is evidence that it is ready to soar.

In other words, the old adage seems to apply here, that, ‘it is always darker just before the dawn’.

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