From Foreign Policy magazine: ?American Decline: This time it's real.??According to the authors:
In the end, of course, the Soviet and Japanese threats to American supremacy proved chimerical. So Americans can be forgiven if they greet talk of a new challenge from China as just another case of the boy who cried wolf. But a frequently overlooked fact about that fable is that the boy was eventually proved right. The wolf did arrive?and China is the wolf.
?Liam Julian, Bernard Lee Schwartz Policy Fellow