Waning US power
The US is accelerating its own decline through a toxic cocktail of fiscal recklessness, diplomatic retreat and humanitarian abandonment. By voluntarily withdrawing from the world order, the US has created space for several other countries to raise their international profiles, particularly in terms of economic stability, alliance leadership and moral authority.
At home, American debt has reached $36 trillion, and for the first time ever, net interest payments are exceeding defence spending — 3.1% of GDP and 2.9%,........
© The Express Tribune
