Nov 21, 2008 13:01
Excerpts from Timesonline.co.uk:
The next two decades will see a world living with the daily threat of nuclear war, environmental catastrophe and the decline of America as the dominant global power, according to a frighteningly bleak assessment by the US intelligence community.
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The analysts draw attention to an already escalating nuclear arms race in the Middle East
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global warming will aggravate the scarcity of water, food and energy resources.
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Although the United States is likely to remain the single most powerful actor, the United States' relative strength - even in the military realm - will decline
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The US dollar's role as the major world currency will weaken to the point where it becomes a "first among equals".
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The report, based on a global survey of experts and trends, was more pessimistic about America's global status than previous outlooks prepared every four years. It said that outcomes will depend in part on the actions of political leaders. "The next 20 years of transition to a new system are fraught with risks," it said.
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On a positive note it added that an alternative to oil might be in place by 2025.
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