America is finished

Chinese leader Xi Jinping knows something Barack Obama doesn’t: America is finished. The U.S. economy is an ocean liner holed below the waterline. In the stateroom, the band plays on – but, on the bridge, the outcome is clear.

With the arguable exception of the late-era Soviet Union, America is sinking faster than any Great Power in history.

As a proportion of national output, America’s foreign debts are already larger than those of any Great Power since the egregiously corrupt Ottoman Empire a century ago. For those who need reminding, the Ottoman Empire, which had flourished for more than six centuries, was then within a decade of final collapse.
READ MORE: http://www.forbes.com/sites/eamonnfingleton/2014/11/12/obama-in-china-ta...