Make no mistake: This is a geopolitical earthquake with a high reading on the Richter scale. Throughout history, political and military power have always depended on economic power. Britain was the workshop of the world before she ruled the waves. And it was Britain’s relative economic decline that preceded the collapse of her power.
And it was a similar story with previous hegemonic powers such as France and Spain.
The American ship of hegemony has not only set sail, it has just disappeared over the horizon.