Is America doomed?

Apparently Igor Panarin has analyzed the current global situation and feels that America is basically screwed. The scholar at the Foreign Ministry school in Moscow is of the opinion that Russia and China are soon to be the world's next super powers. SCARY THOUGHT. All of this is predicted to happen in a rather timely fashion as well, by 2011 or even 2010. Might I add that part of his reasoning for our demise are the overly crowded prisons and gay men? Panarin didn't seem to worry about sounding offensive. However it is food for though, is our current situation partially a result of a country that has gone morally bankrupt? America has always gone through phases where we were not doing so hot, but is Panarin on to something? Have we hit such a low economically and morally that we cannot find our way back out of this hole? Below is Panarin speaking on the issue, watch the video!!