The United States of America faces a critical series of challenges that will determine its role in world affairs. Some, like Fareed Zakaria (2009), argue that we are living in a post-American world. Clearly the rise of China, India, Brazil and the growth of African economies spurred by China's acquisition and securing of raw materials and long term trade options now have become among the fastest growing in the world. The logic of globalization is changing and the disastrous financial crisis and its spread effects have hastened the decline of the U.S. and its relative position as global investor and peace-keeper.
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