Meanwhile, Ezra Klein makes a great point on the ‘rise of the rest’:
http://www.bloomberg.com/news/2012-05-16/american-decline-a-mirage-in-a-world-that-s-rising.html
“If American preeminence relies on the continued immiseration of Brazil, China and India, then, even in the most selfish terms, I’m not sure that it’s worth having. Yet it seems that some Americans would prefer to be the only superpower in hell than the foremost member of a more prosperous Group of 20 in heaven.”