The United States appears to be embarking on a transition on two major fronts: its own economy, both financial and real; and its relations with the rest of the world. There is some relation between these two transitions. Some of these changes will depend on the outcome of the U.S. national election in November, and some will not. This paper will present a brief overview of current trends, with some attention given to U.S. foreign policy in Latin America, as well as other areas
