Who's afraid of America? - The Economist

SINCE the end of the cold war one simple geopolitical rule has endured: do not take on America. The country’s armed forces have been so well resourced and so technologically superior that it would be utterly foolish for any state to mount a direct challenge to the superpower or its allies. Although America still possesses by far the most capable armed forces in the world, the technological advantage that guarantees it can defeat any conceivable adversary is eroding rapidly. He argued that America urgently needed to develop a new generation of military technologies, lest another country come to feel capable of challenging it. His warning was timely. Less powerful but more reckless states such as North Korea and Iran might also become more inclined to make mischief if they believe they can inflict so much damage on the American forces that seek to punish them that Washington will think twice... The effort that Mr Hagel called for is known as the “third offset strategy”, because it is the third time since the second world war that America has sought technological breakthroughs to offset the advantages of potential foes and reassure its... The first such moment occurred in the early 1950s, when the Soviet Union was fielding far larger conventional forces in Europe than America and its allies could hope to repel. Source: www.economist.com