By DOUG SAUNDERS Saturday, October 5, 2002 - Page F3
..."The United States has been fading as a global power since the 1970s, and the U.S. response to the terrorist attacks has merely accelerated this decline." So says Immanuel Wallerstein, the Yale University political scientist....In a forthcoming book, to be titled Decline of American Power,he describes his country as "a lone superpower that lacks true power, a world leader nobody follows and few respect, and a nation drifting dangerously amidst a global chaos it cannot control."
-I don´t agree with this. In the last 10 years the USA was able to -turn back his long decline and achieved a decisive edge over his -closest competitors. USSR collapsed, Japan is in deep depression -and Europe is suffering from slow growrh rates (partly due to -demographic factors). Look at China and India if you want to see -countries that are closing its gap in relation to USA. However, wether -the 90´s were a turning point in USA decline or only a short term -upturn inside a long term downturn remains to be proved. Recent events -seem to give some reasons to the defenders of the second hypothesis, -but...