America's Superpower Status Threatened by Financial Crisis (LiveScience.com)

Robert Roy Britt LiveScience Managing Editor LiveScience.com 9 minutes ago A dismal economy coupled with mounting federal debt and expected cuts to science and technology spending threaten to unseat the United States as the reigning superpower of the world. Many people around the globe already thought the mantle had been passed, perhaps to China, though that possibility is hotly debated. Now signs of changing times are more stark, with world leaders frustrated and even angry over a global financial crisis many see as caused by American policy mistakes. Meanwhile the monetary meltdown is likely to force cuts in public and private science and technology investment - a cornerstone of the American economic engine that has historically driven the nation's preeminence. While opinions on the ultimate outcome run the full spectrum of... [read full story]                    

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