Empire Foreclosed?

fpif.org — With unemployment rising and Wall Street shamed, we have entered a period of economic downturn acute enough to raise serious questions about the viability of U.S. power. The pressing issue today is: How will the economic crisis affect our country's role in the world? Or, more bluntly: Is America's empire facing foreclosure? The answer involves more than just quibbles over the semantics of U.S. dominance.

more »