When the changing tides of history turned against them, some superpowers showed remarkable powers of adjustment and resistance. The real question is whether America is capable of moderating the effects of relative decline with a policy of smart relative decline.
"The gigantic blackout (that will certainly not be the last) was a direct consequence that the US is so exemplary in the special neoliberal disciplines privatization and lower costs..Profit maximization at any cost leads to abstract cost cutting pressure." From German
I. Wallerstein: La Debilidad Norteamericana y la lucha por la HegemonÃa (tags)
Articulo destacado en Panorama Internacional.