The Decline and Fall of the American Empire
Viewed historically, the question is not whether the United States will lose its unchallenged global power, but just how precipitous and wrenching the decline will be. In place of Washington’s wishful thinking, let’s use the National Intelligence Council’s own futuristic methodology to suggest four realistic scenarios for how, whether with a bang or a whimper, US global power could reach its end in the 2020s (along with four accompanying assessments of just where we are today). The future scenarios include: economic decline, oil shock, military misadventure, and World War III.
By Alfred W. McCoy, The Nation