According to this report in German Economic News, the hegemony of the United States is coming to an end:
But the geopolitical situation has changed increasingly over the past five years. Not only is China's economy growing much faster than the US, the geopolitical influence of the Americans in the world is getting smaller. The USA is pulling back from resource-consuming conflicts in Iraq and Afghanistan and increasingly losing power, while new alliances are forming against the United States. The US is no longer in a position to solve conflicts on its own, as the recent events in Ukraine, Syria, and Iraq have clearly shown.
http://deutsche-wirtschafts-nachrichten.de/2014/11/08/das-ende-einer-supermacht-die-usa-koennen-die-welt-nicht-mehr-dominieren/
[You may have to translate from the original German to read the report.]
And as we go down, we keep making more enemies; while China on the way up is making more friends. Not a good trend.
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