“ONE THING I MISS IS THE TIME AMERICA HAD BIG DREAMS ABOUT THE FUTURE" -ANDY WARHOL

Paul Kennedy, a Yale professor of history, put forward in his 1988 book The Rise and Fall of the Great Powers the notion that a great power's economic rise and fall in relation to its rivals was as important to its longevity as its military supremacy. Finance, commerce and the popular arts have extended Britain's sway long beyond its time.For the U.S., declining economic growth and rising military commitments won't necessarily signal the decline of Pax America unless others become disproportionately richer and stronger. That is why the rise of China and the resurgence of Russia are such threats to American power. And while it is difficult to imagine the U.S. accepting a diminishing status gracefully, it will have to find a destiny in that seam where finance and commerce meet politics and strategy. Post-imperial Britain shows a possible pat".

-Forbes
Sept 24 2008