US Power Fading by 2025?
Analysts gazing into what amounts to an intelligence-based crystal ball see a future world marked by dwindling resources, more people and diminished power for the United States, as CBS News correspondent Bob Orr reports.
The grim assessment, entitled "Global Trends 2025: A Transformed World", comes from the National Intelligence Council, an independent government body. The report concludes that by 2025, "The U.S. will remain the single most important actor but will be less dominant."
There'll be challenges on all fronts. Climate changes from global warming will lead to shortages of food and water in dozens of countries. That, coupled with a projected population spike of 1.2 billion people worldwide could lead to wars over increasingly scarce resources.
There are other factors: aging baby boomers, changing demographics, weakened economy, massive debt and greater internal chaos.