The US Is Feeling Buyer's Remorse at the World It Built

Top US government officials admit that capitalism has failed and they have to go back to Keynesianism, says Peter Bergen. He points out the United States played a decisive part in creating Bretton Woods institutions such as IMF and World Bank. This is an example of how the US is rewriting all those rules and changing the so-called rules based order because China has industrialized much more effectively than the U.S., he adds.