andysayshi
JUB Addict
If you have the patience for the long article, here's a fascinating opinion piece in an Australian newspaper today about the juxtaposition of two globally significant events today: while the US Treasury Secretary sank to one knee to implore a congressional leader to vote for a bailout package to save the American economy, Colonel Zhai Zhigang became the first Chinese astronaut to walk in space.
The point of the discussion is that, while the US flounders to survive, China is prospering, growing and advancing at a rapid rate. The British political philosopher John Gray says "The era of American global leadership, reaching back to the Second World War, is over."
http://www.smh.com.au/news/world/is-it-the-end-of-the-american-century/2008/10/03/1223013791575.html
There is also discussion of the US's politico-military strength waning - the belief that the US could survive any attack militarily, with or without allies, has faltered for obvious reasons over the past 5 years.
What do you think? Is the era of US global supremacy fading? Is this the beginning of a new global hierarchy?
The point of the discussion is that, while the US flounders to survive, China is prospering, growing and advancing at a rapid rate. The British political philosopher John Gray says "The era of American global leadership, reaching back to the Second World War, is over."
The conservative American commentator, one-time adviser to Ronald Reagan and former presidential candidate Pat Buchanan agreed. Comparing the crisis to a devastating hurricane, he said it was "a Katrina-like failure of government, of our political class, and of democracy itself. The party's over. What we are witnessing today is how empires end."
Fareed Zakaria, the editor of Newsweek International and an expert on US foreign policy, this year published a book, The Post-American World. He identified three "tectonic power shifts" in the past 500 years. First was the rise of the West. Next came the rise of the US. And we are now living through the third: "It could be called the rise of the rest." He points out that economic growth in the past five years has been more widely shared among the nations of the world than at any time in history. In 2006 and 2007, 124 countries grew by more than 4 per cent.
"Look around," Zakaria writes. The world's tallest building is in Taipei, the richest man is a Mexican, and the biggest listed corporation is Chinese. The world's biggest casino no longer is in Las Vegas but Macau, and the biggest movie industry is no longer Hollywood but Bollywood. Even shopping, America's greatest sporting activity, has gone global - of the top 10 malls in the world, only one is in the US; the world's biggest is in Beijing."
http://www.smh.com.au/news/world/is-it-the-end-of-the-american-century/2008/10/03/1223013791575.html
There is also discussion of the US's politico-military strength waning - the belief that the US could survive any attack militarily, with or without allies, has faltered for obvious reasons over the past 5 years.
What do you think? Is the era of US global supremacy fading? Is this the beginning of a new global hierarchy?


I still think US has a lot of chances to rebuild herself and maintaining your position on the top
















