Henry Kissinger Puts China in The Global Leadership Role

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Henry Kissinger argues that it is time for China and the far-east to assume a role in global leadership. England passed the torch to the US after WW II because the US was the global creditor. Now China has assumed the role of the global creditor and it will be the largest economy in the world by 2050.

While the North Atlantic alliance that has led the world in the 20th century and beyond, it is showing signs of old age. Europe has prospered by forming the eurozone but there is no European leadership on how to deal with cross border issues. Politically, Europe is a loosely connected group of sovereign states that must respond to domestic politics. The US is demonstrating that it cannot even manage its internal politics, let alone provide global leadership. Congress operates like a pack of snarling dogs, and the national media would rather broadcast the fight, while a poorly informed public cheers for the nastiest, media created, celebrity. The real issue will be about the transition from the North Atlantic to Asia. England passed the torch, and America did a good job before it succumbed to success. Its not clear that America will pass the torch as gracefully, and participate in shared global leadership.