3. The End Of U.S Hegemony
Since the fall of the Soviet Union on December 31, 1991, America found itself as the proverbial ‘last man standing’ on the world stage. However, that is likely to come to an end as China, Germany, India, Japan, and Russia, who are already showing signs of increased imperialism, will increase not only their economic power but their influence on global events. China already outperforms the U.S. when it comes to purchasing power parity.
Other smaller nations, in terms of influence and economic power, like Brazil, Canada, France, Italy, Mexico, and Indonesia, are expected to play a bigger role in the world of geopolitics as their GDPs continue to expand their global reach and pay for more sophisticated and capable militaries as the rise of populism and authoritarianism are making nations more ready to defend not just their borders but their economies.
