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Jeffery Sachs has access to far more facts and figures than I do. He is an economist, professor of Political Economics and International Development at Columbia University, and has been a special advisor to the last two UN Secretary-Generals. So I’ll let him make the case for America’s decline.
Sachs told a conference on multilateralism held at the Vatican, “The U.S. was a dominant economic and technological power in the world for decades. This is no longer the case. It is still a powerful country economically and technologically, but it is no longer a dominant power. The European Union is a larger market, China is a comparable market, and the spread of technology is worldwide.
“I’m sorry to say it -- it’s my country -- but this is an imperial power in decline.
Categories: Sharp Edges
Tags: U.S.election, American empire, Jeffrey Sachs