Hey, whoa guys. Ehh, I think most forumites here are under no illusions about a position and its solidity.
So far as America not being #1 in the world anymore: everything hangs in the balance and nothing is for sure about that, *yet*. Moreover I don't quite see how U.S.A. somehow sliding down even to #5 in the world would necessarily mean we give up chunks of our land. Besides, if there is one thing I notice even about American underachievers, they may get shaken down but they aren't contentious for no reason and are persistent and tenacious enough to find a way back up. Sure, Americans are apathetic right now but it wouldn't take too much for too long before we started back on track and gained momentum behind it.
*Are* we on a decline? Sure. We're in trouble right now and only an idiot would deny that. In several years it'll pick back up again and the worst of the recession will be behind us. It may take 20 or 30 years for things to come back completely. By then we quite possibly may not be #1, but I seriously doubt USA will crash and burn because of it.
China IMO is biding their time and getting all it can to try to tip the world currency to theirs and away from the U.S.A. I find that as a challenge to be met, not a fate to be dreaded.
Isn't it rather amusing meanwhile that people like this professor have nothing to do but obsess all day about our demise?