The "Great Recession" will "mark a turning point at the way the global economic world operates,” predicted Flynt Leverett, a senior fellow at the New America Foundation. From this point on there will be a “trend for greater Chinese assertiveness,” as the United States “increasingly comes to term with the limits” of its own clout...

“A lot of the predictions … are a bit premature,” said the New America Foundation’s Michael Lind, in a debate last week with his colleague Leverett. “There will be a post-American world at some point. The question is: 'When?'”

Lind reminded the audience what Otto von Bismark said: “God favors fools, drunkards and the United States of America.” Original article