Many years ago, Paul Kennedy wrote a great book, the Rise of the Great Powers. When we look at the West today, we have the fall of the Great Powers. If we examine the weak military response in Ukraine, the failed sanctions on Russia, a contracting manufacturing sector and the failure of the dollar to control the world, the handwriting is on the wall for The New American Century. As Kennedy says “That century appears to be ending in the manner of so many other powers – through imperial overreach, excessive military spending, lagging economic productivity and competitiveness and failure to invest in the physical, technical and human resources necessary to remain a dominant power”.
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