Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
The G-20 summit in Argentina took place at a moment when the U.S. still stands at the center of the world. The U.S. economy is booming, the dollar is almighty, American tech firms continue to dominate the new digital economy, and the U.S. military remains the unrivaled master of land, sky and sea.As Morgan Stanley's Ruchir Sharma has pointed out, the global economy looks like it's at "peak America".While the United States continues to outperform other advanced economies, the "rise of the rest" also continues, with China, the world's second-largest economy, growing at three times the pace of America.A quarter-century ago, China accounted for less than 2 percent of the global economy. Anywhere one goes in the world these days, leaders talk about America's retreat from the world stage.Foreign leaders also note that the U.S. is likely to be increasingly constrained by its mounting budget woes.American retreat will not produce a better world.
Trump’s trade war strategy not working
U.S. needs to end Afghan war without losing peace
Johnson will accelerate the decline of Europe
FOLLOW THIS ARTICLE