"Some of Russia's opponents may welcome the country's decline on the grounds that the problem will eventually solve itself, but that will be shortsighted. A century ago, the decline of the Austro-Hungarian and Ottoman Empires proved highly disruptive to the international system. A gradual decline, like that of ancient Rome or 18th-century Spain, is less disruptive than a rapid one, but ultimately the best scenario would feature a recovering and rebalanced Russia over the next decade."

"For some time, many people at home and abroad have bought into the myth of American decline. Increasing dependence on energy imports was often cited as evidence. The shale revolution changes that dependence and demonstrates the combination of entrepreneurship, property rights and capital markets that are this country's underlying strength."

"...[A] revolution in Saudi Arabia or a blockade of the Strait of Hormuz could still inflict damage on the US and its allies. So, even if America had no other interests in the Middle East, such as Israel or nuclear non-proliferation, a balance of energy imports and exports would be unlikely to free the US from military expenditures — which some experts estimate run to $50 billion per year — to protect oil routes in the region."