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by: David Kampf
2009-5-14
Have we really reached the end of American hegemony? For those who think so, the signs of America’s decline and the rise of emerging powers are everywhere. According to this line of argument, the world’s sole superpower succumbed to overstretch. U.S. failures in the "war on terror" revealed the limitations of American military power, while its role in provoking the global economic crisis revealed the shortcomings of American economic leadership.
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