Friday, November 21, 2008

US Dominance - Fading away?

. Friday, November 21, 2008

The US National Intelligence Council just released its latest Global Trends report, and the analysis is far grimmer for the United States then its 2004 report.


According to the Intelligence Report, the world is moving towards multipolarity, with China, India, and Russia in line to challenge US dominance by 2025.  The dollar will continue to decline in prominence as power shifts eastward.

Interestingly, the report finds the worlds biggest security threats will stem from economic concerns - trade and investment disputes, competition for natural resources especially water and energy resources, and strategic technology development.

Now, there is considerable criticism about the track record of NIC report accuracy, especially regarding previous assessments of Japan and Russia.  However, the assessment is interesting in its pessimism.  Multipolarity upsetting the stabilizing effect of US hegemony, nuclear weapons deployed by rogue groups, the inadequacy of the US military in combating irregular warfare methods - seems like the current financial crisis is the least of our worries.

So, all you policy wonks, get to work crafting exit strategies - or at least start trying to find a way to get an EU passport . . . . .

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US Dominance - Fading away?
 
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