This is a sobering thought. We take it for granted that America will always be the guiding light for the world. With our Constitution and its Bill of Rights and our expansive economy We have been truly Number One world-wide and it has helped others when you look at, for example, both 20th century world wars.
We forget that the British once held this vaunted position. They relinquished it when they became a debtor nation. The U.S. today is well on its way to become such a monetary-debased country.
And we know at least one creditor nation in the Far East, ready to take over our past role, if we do not mend our ways.
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