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Thread: Who is the hyperpower in Today's world?
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[quote=FRANKENSTEIN,256222]Have you read Day of Empire: How Hyperpowers Rise to Global Dominance - And Why They Fail? It is written by Amy Chua, a professor in Yale. In her book, she mainly discusses about the toppling hyperpower---US and its ever-expanding rival----China. Undoubtedly, US is the No.1 strongest nation in the world. It dominates almost each sector and is the power house of world's economies and military. just think about the subprime crisis in US. Once US suffers from the credit crisis, the whole world trembles, global stocks dropping drastically and those bankings lost a large amount of money. However, it has been in trouble. The credit crisis has impacted US economy deeply. It is estimated that the economic growth in 2008 is between 2% to 2.5%, lower than that they estimated before---2.5% to 2.75%. They have spent millions of dollars in Iraqi war. But they can not anticipate when they will win it. Compared with US, his rivals including EU, China and India have been developing very fast and steadily. Who will replace US to be the hyperpower in the world, EU, China or India? Any opinions or replies are welcome.[/quote]
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