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Is the US in Decline as World Power
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01-18-2011, 05:01 PM
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caseferter
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Oct 2005
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415
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Global corporations and instantly, infinitely fungible capital mean the power of the US must continue to decline. That ongoing decline is evident in our thirty year record of flat or negative wage growth. Our days as the world's leading power are already all but over. But I expect the US will remain among the power elite in the world for at least another couple generations.
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