Will America Be A Superpower In The Future?

America Will Remain the Superpower -- Wall Street Journal

When the tide laps at Gulliver's waistline, it usually means the Lilliputians are already 10 feet under.

Constantinople fell to the Ottomans after two centuries of retreat and decline. It took two world wars, a global depression and the onset of the Cold War to lay the British Empire low.

So it's a safe bet that the era of American dominance will not be brought to a close by credit default swaps, mark-to-market accounting or (even) Barney Frank.

Not that there's a shortage of invitations to believe otherwise. Almost in unison, Germany's finance minister, Russia's prime minister and Iran's president predict the end of U.S. "hegemony," financial and/or otherwise. The New York Times weighs in with meditations on "A Power That May Not Stay So Super." Der Spiegel gives us "The End of Hubris." Guardian columnist John Gray sees "A Shattering Moment in America's Fall From Power."

Read more ....