Yes, the American “mission impossible” 500 lb gorilla is crumbling into the sands, its pretentious military overstretch now compounded by its loose fiscal stupidities. Don’t you agree with that, Professor Kennedy? Hasn’t your controversial prediction in the closing parts of The Rise and Fall of the Great Powers been realised?
Well, slow down a minute. It is one thing to argue that the United States has been weakened by fiscal extravagance and military overstretch. It is a separate thing to recall that, regardless of regime follies, from century to century economic and military balances do shift gradually from one country or part of the world to another.
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