Three obvious signs the entire system is changing

When I was a kid growing up in the early 80s, the United States was the undisputed dominant superpower in the world.
The US dollar was awe-inspiring; on a trade-weighted basis, the dollar index was at an all-time high, and had never been as strong ever before… or since.
And the dollar’s strength was backed by something real. The US economy was strong. Debt was low. Interest rates were actually greater than zero.
I remember watching Ronald Regan on TV when he told Mikhail Gorbachev, and the entire world to ‘tear down this wall’ from West Berlin.
And within a few years it happened. The Soviet Union collapsed, leaving the United States as the victor in the Cold War.
US geopolitical, economic, financial, and military power was completely unchallenged. And it would remain that way for years.
Now it’s a completely different story. The entire system is changing.
And while the US may still be the leading power in the world, its dominance is being rapidly chipped away.
Here are three major examples we’ve seen just in the last few weeks:
1) The dominant international force in the Middle East is now… Russia.
There has been a LOT of tough talk by the US government about Syria over the last few years, including tough-guy promises about military action if Assad crossed a line in the sand.
Assad crossed it. He used sarin gas on his own people – the infamous ‘red line’ that Barack Obama said would trigger a military response from the US.
Yet there was no US military response.

This post was published at Sovereign Man on October 12, 2015.