That roar you heard was not the thunder clap of a stormy economy, it was the continuing landslide of America's dominance as a superpower. Lost amidst the din of news focused on the Dow was the launching of a Chinese aircraft carrier. Does anyone remember the last time a country (not the U.S.) floated a new multi-thousand ton enforcer of diplomacy? Be sure of two things: first no country remains an empire forever (just ask the British, Italians, Japanese, Chinese, Huns, mongrels, Persians);and no country has ever repeated after losing that status. China looks to change that trend.
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