| The bursting bubble: Consequences of US decline!


| truthaholics

The consequences of US decline ~ Immanuel WallersteinAl Jazeera America.

Commentary: America’s gradual loss of global influence may trigger a chaotic, multipolar power struggle.

I have long argued that U.S. decline as a hegemonic power began circa 1970, and that a slow decline became a precipitate one during the presidency of George W. Bush. I first started writing about this in 1980 or so. At that time, the reaction to this argument, from all political camps, was to reject it as absurd. In the 1990s, quite to the contrary, it was widely believed, again on all sides of the political spectrum, that the United States had reached the height of unipolar dominance.

However, after the burst bubble of 2008, opinion of politicians, pundits and the general public began to change. Today, a large percentage of people (albeit not everyone) accepts the reality of at least some…

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One thought on “| The bursting bubble: Consequences of US decline!

  1. Pingback: In the United States the concept that this Nation is in decline is accepted quite reluctantly. | Family Survival Protocol - Microcosm News

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