My point was more to the decline of America and it's importance in the world. Personally, I find it comforting that we are the only superpower, and disturbing that China is:
1. Holding so much of our national debt.
2. Producing so much of our crap.
3. Actively increasing their military, particularly their naval capacity, to increase their sphere of influence.
Not an issue to be worried about. I'm not sure why people are so terrified of the whole national debt thing. We had huge debts since the 60's and the country has only gotten more prosperous. At the national level, those debts will never EVER be called up, and even if they do, how are they going to collect? Last I checked we're still the biggest kid on the block. Owing our debts to China is even better, as they want that money back, and if things get too "tense" between us, they don't get a dime. Maybe we'll have to stop buying their cheap crap, but that's good since we'll actually get some manufacturing jobs back.