Bears of the US argue that a deteriorating fiscal position brings down the curtain on the era of American hegemony and that accelerating relative economic decline is the new reality.

• 看跌美国的人士提出，日益恶化的财政状况降下了美国霸权时代的帷幕，新的现实是，美国经济相对他国的下滑将不断加速。