Quote:
"Strategic rivalries are most likely to revolve around trade, investments and technological innovation and acquisition, but we cannot rule out a 19th Century-like scenario of arms races, territorial expansion and military rivalries," the report says.
"Types of conflict we have not seen for a while - such as over resources - could re-emerge."
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I absolutely expect to see this, whether the predicted decline (which I think is already in motion) of the United States occurs or not. The collapse of the US dollar as the monetary standard...well, we already have had a few shots over the bow.
As to whether this is a bad thing or not, that depends on one's perspective. The inevitable fall that proceedeth from pride
could prove ultimately good for the nation's soul (assuming people as a group are capable of learning anything, a notion of which I remain unconvinced), but I'm pretty sure having China, Russia and/or India fill that gap will not be good news for the world.
Sunset for Uncle Sam
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