"Resource-rich countries - including Russia, Brazil and Australia - are poised to keep prospering. Vast appetites for raw materials in China, India and elsewhere give commodity producers alternatives to the US market, and have lessened the chance of a commodities crash."

"The nation-state is gradually yielding its sovereignty… Further progress will require greater American sacrifices. More intensive efforts to shape a new world monetary structure will have to be undertaken, with some consequent risk to the present relatively favorable American position."

"European consumer goods companies are also feeling the pinch. Emerging economies churn out their own simple products more cheaply, while a declining US dollar has made Italian clothes, French wine and German cars more expensive for Americans."

"Henry Kissinger picked up on the political implications. The challenge to the world, he said, was handling the structural changes taking place - the transfer of economic power from America to the Pacific, the shortages of water and energy and the threat of climate change, which require global not national solutions."

"The nation-state is gradually yielding its sovereignty… Further progress will require greater American sacrifices. More intensive efforts to shape a new world monetary structure will have to be undertaken, with some consequent risk to the present relatively favorable American position."


Well this is depressing as hell Rob!!  It sure looks to be happening too doesn't it?  We've been losing our sovereignty for some time now, haven't we?  I for one though, am not going to lay down and give up!!  If my country is going to die, I may very well die fighting to keep it!