Friday, August 12, 2011

End Of The World As We Knew It (A Commentary)

America Next: End Of The World As We Knew It -- Steve Clemons, The Atlantic

In the case of the United States - which has been indisputably the reigning global superpower for six decades - there are signs - ranging from the tumult in the Middle East to a humiliating war in Afghanistan to a downgrade of US sovereign debt - that America is at a key inflection point in its history and that the US network of global control (aka, "empire") is disintegrating.

Read more ....

My Comment: The best line in this commentary is the last one ....

.... Power, like an equity in the stock markets, is ultimately a function of future expectations -- and today the reality is that America's stock has fallen dramatically and will only rise again with visionary statecraft revolutionary, new global deal-making that might restore the impression that America once again matters.

No comments: