What the US is facing is not only a debt crisis, but more of a democracy crisis, as the debt impasse has revealed that the relationship between the President and Congress has turned abnormal, said an op-ed piece in The New York Times on August 1, 2011.
Russian Prime Minister Vladimir Putin accused the United States Monday of living beyond its means "like a parasite" on the global economy and said dollar dominance was a threat to the financial markets.
Even if a bitterly divided Congress and President Barack Obama avoid a U.S. debt default by striking a last-second deal, as all sides expect, plenty of damage has been done.
With China's rise, the US, though still a huge military, diplomatic and economic presence in the Asia Pacific region, cannot safeguard its interests as forthrightly as it once could, said an article in The Financial Times on July 27, 2011.
The US policy of scientific containment will prove as futile and economically harmful as its efforts to constrain Beijing's military modernization drive, according to Oliver Br?uner in a blog on the website of The Diplomat magazine on July 26, 2011.
As China has endured lectures from the West about its press freedom and human rights, the no-holds-barred, profit-driven media of the West has set a daily example of irresponsibility and excess, according to an article on the website of the Asia Times Online on July 26.
The challenge of BRICS to the United States is overly exaggerated, as BRICS is unlikely to become a serious alliance or even a political organization of like-minded states, said Joseph S. Nye, in an op-ed piece on the website of The Wall Street Journal on July 20.
With the possibility of America defaulting on a debt payment just around the corner, Americans are hoping for the best but bracing for the worst. There are five ways a US default would hit the wallets of American consumers, said an article on the website of The Christian Science Monitor on July 24, 2011.
Most Republican Party candidates don't seem to regard China as a major military threat, although they do treat it as an economic problem, said Robert Farley in a column in World Politics Review on July 20.
Wendi Deng became the most talked about woman among China's huge online community Wednesday as images of her leaping to the defense of her 80-year-old husband Rupert Murdoch were spread across the Internet, said an article on the website of Agence France Presse on July 20,2011.
It seems unlikely the United States will appoint itself spokesperson for Asian governments in the South China Sea, according to James Holmes, associate professor of strategy at the US Naval War College, in an article on the website of The Diplomat on July 17.
Gregory Clark, a former Australian diplomat who specializes in Chinese affairs, wrote an article in Japan Times recently, saying the Western media forged the so-called Tiananmen myth.
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