
NEW YORK -- It has been 25 years since the Cold War ended yet the world has not been able to find a new order. What went wrong in the past quarter of a century? What will happen in the coming years? Ian Bremmer, president of U.S. risk consultancy Eurasia Group who coined the term "G-Zero" for a world without a leader, predicts the U.S. and China may move into different blocks in five or 10 years' time. Excerpts from the interview follow.
Q: There was a lot of optimism when the Cold War finished. But the triumph of capitalism and democracy looks to be fading. What do you think went wrong?