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The US financial crisis and its result-a severe recession-are spreading quickly across the world.Why has the US,the head of the world economy,been hit so hard all of a sudden? Or is the US economy indeed suffering so much? What impact does the crisis have on the future of US economic hegemony? Or will the crisis considerably weaken the comprehensive strength of the US and thus change its relations with all other countries in the world? This essay analyses the economic situation of America from the perspectives of history and the angles of international politics,and pays special attention to the potential influence of the current crisis on the future of US economic hegemony and the international relations.
The US financial crisis and its result-a severe recession-are spreading quickly across the world. Why has the US, the head of the world economy, been hit so hard all of sudden? Or is the US economy contributed to so much? What impact does the crisis have on the future of US economic hegemony? Or will the crisis of weaken the comprehensive strength of the US and thus change its relations with all other countries in the world? This essay analyzes the economic situation of America from the perspectives of history and the angles of international politics, and pays special attention to the potential influence of the current crisis on the future of US economic hegemony and the international relations.