The road to economic recovery is long and difficult. Despite positive change and an unemployment rate at a three-year low, the ratings agencies are considering yet another downgrade of US credit and the world is beginning to consider the real consequences of an ongoing US economic downturn.

Long gone are the days of seemingly unending American prosperity and unquestioned US leadership against clear and identifiable enemies. Today the US and the nations that rely on its support need to make a major shift if they are to meet the economic, political and diplomatic challenges that lie ahead.

Michael Moran, one of the world’s leading geopolitical and economic forecasters and the director and editor-in-chief of Renaissance Insight, will talk about how America and its allies can successfully navigate this transition and avoid the pitfalls of clinging to the power structure of the 20th century.