It looks like America’s economic crisis is prompting intelligence experts to assert that we will lose our role as the only super power in the coming decades. Rick Morin covers this an an article published for the American Thnker:
The report, issued by the National Intelligence Council, talks of “inevitable” decline as a large reason for the shift.
A new report by the intelligence community projects that the United States will no longer be the world’s only superpower by 2030.
“In terms of the indices of overall power – GDP, population size, military spending and technological investment – Asia will surpass North America and Europe combined,” the report concludes.
“Global Trends 2030: Alternative Worlds” – prepared by the office of the National Intelligence Council of the Office of the Director of National Intelligence – projects that the “unipolar” world that emerged after the fall of the Soviet Union will not continue.
“With the rapid rise of other countries, the ‘unipolar moment’ is over and no country – whether the U.S., China, or any other country – will be a hegemonic power,” the report argues.
“The United States’ relative economic decline vis-a-vis the rising states is inevitable and already occurring,but its future role in the international system is much harder to assess,” it argues.
The question is whether our economic decline really is “inevitable.” Yes, it is already occurring, but is it absolutely destined to continue? We are quickly succumbing to the”European disease” where we think that we can continue to spend ourselves into oblivion and assume that someone else will pick up the tab. Is it too late to pull out of this tailspin and resume along the traditional American path of frugality, self-reliance and self-government? If we can reverse course, then I do not think that decline is “inevitable.”