The pervasive narrative of Western decline and Asia's rise is quickly reversing itself. While the major emerging countries, including those along the Pacific Rim, will continue to grow and prosper, the US will benefit enormously from domestic energy production, and the threat of an EU collapse will be resolved once and for all.
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PRINCETON – The United States is rising; Europe is stabilizing; and both are moving closer together. That was the principal message earlier this month at the annual Munich Security Conference (MSC), a high-powered gathering of defense ministers, foreign ministers, senior military officials, parliamentarians, journalists, and national-security experts of every variety.