answer:Cheer up – tomorrow things will look better. Yes, America has had some problems – as has much of the rest of the world. America is taking longer to recover, but it is happening. It is NOT the end. It will probably never be a super power again – not in an economic sense – China will take that role for some years to come. Britain once “Ruled the Waves” then America took over. Now is it time for Asia to rise to economic dominance. There really is little difference from a “man in the street” point of view. We have all been using predominantly Asian products for years. Car, electronics, cameras, clothing. It is little wonder with all the money flowing out, coupled with Government borrowing from Asian sources that this would happen. It will make little real difference except to the very wealthy. Australia has never been either a militarily dominant nor a financially dominant country but it is a great place to live. America will be the same.