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Pandemic cue to political spin Harold James The 2008 financial crisis is one recent example of competitive politics in action. Political systems live on competition. Political incumbents and aspirants are constantly claiming that they can manage problems better than their rivals can. Modern wars of ideas, political projects, and systems of organization are merely updated versions of older forms of combat. The 2008 financial crisis is one recent example of competitive politics in action. At first, non-Americans who focused on the origins of the crisis – subprime mortgages in the United States – concluded that American capitalism had failed, and that Chinese planning or European corporatism were superior systems. But then Europe became mired in a debt crisis, allowing Americans to boast that their model was still better, owing to its system of debt mutualisation and support, which had been created in 1790 under then-Secretary of the Treasury Alexander Hamilton.

New zealandUnited statesUnited kingdomDonald trumpJoe bidenGeorge floydEuropean unionTreasury alexanderPresident elect joe bidenNext generationபுதியது ஜீலாந்துஒன்றுபட்டது மாநிலங்களில்ஒன்றுபட்டது கிஂக்டம்டொனால்ட் துருப்புஓஹோ பிடென்ஜார்ஜ் ஃப்லாய்ட்