It is a well known fact that after the Second World War, the United States of America emerged as the most powerful nation in the world. It boisterously held on to its invincible mantle until it was rocked by terrorist attacks in September 2001, and more recently by financial meltdown. Over the last ten years, its influence and power have waxed and waned.
America’s presence in Afghanistan, Iraq, Pakistan, its acrimonious relations with Iran and North Korea, and its undercutting hostility with China have left it standing alone on many counts on the global pedestal. American hegemony seems to have begun melting away like a house of wax.