While the article is an obvious scare tactic to induce readers to order their “Plan B” product, the article does have grains of truth in it.
A better reference is “The Rise and Fall of the Great Powers: Economic Change and Military Conflict from 1500 to 2000,” by Paul Kennedy. His bottom line is that many great powers of the past were drained of economic resources by very high military spending.
The U.S. is a good example of many of the problems seen before during the fall of a great power. We are still great, but decline takes a long time.
Our world is changing. China’s rise as a great power with four times the population and a strong manufacturing base resembles the early 20th century when the U.S. displaced the U.K. as the world’s pre-eminent Great Power.
Further comments might be construed as political so I will stop here.
Wendy