In the latest episode of the Explaining History Podcast, I explore the competing theories attempting to explain what is happening in the Persian Gulf – and what it tells us about the end of American hegemony. (photo credit: Gage Skidmore – https://creativecommons.org/licenses/by-sa/3.0/deed.en) There are many competing theories about what we are seeing in the Gulf, … Continue reading Two Theories of American Decline – From Strategic Defeat to Chaos