Chapter 4. Power Games
“Hegemonic empires,” observed Henry Kissinger, “almost automatically elicit universal resistance, which is why all such claimants sooner or later exhausted themselves.”
As the U.S. is currently the world’s sole superpower, its reaction to new cooperation between and among old enemies (for example, China and India) in the quest for economic growth will shape the geopolitical and investment climate for the 21st century. The U.S. must accept new relationships it might have previously frowned upon given its deep dependence on foreign capital to finance its needs. The current global instability brought about by this realignment of relationships is augmented by a new arms race.
Global and regional geostrategic developments ...