Is the sun setting on US economic supremacy?

The unfolding financial crisis in the United States leads us to wonder whether this signals the end of that country's long-established financial hegemony in the world.

The recent decision by the Bush administration to set up a government body to take over all financial debt indicates its intention to rely on the market to cope with current problems.

It is expected that the US government will use any means necessary to protect depositors and fully take over banks if the market proves inefficient, but it still remains unclear whether the US government can bring the ongoing crisis under control.