Who will rule the new world?

Tears for Fears were correct: Everybody wants to rule the word. But who will take over from America's domination?
2 theories:
1. China and India. A conglomeration of Indian software and Chinese hardware that “will signify the coming of the Asian century of the IT industry” Premier Wen Jiabao, in Bangalore yesterday. Bangalore would be an interesting place to live, since they speak english and have great food. Also lots of spiritual movements that interest me at the moment. Ummmmm. . .
2. Europe will rule, claims Mark Leonard of “Why Europe will Run the 21st Century”, a book that arrived in the mail this morning from Amazon. No longer a single country or power (like America) but a confederation of sorts that works in an emergent way.
As for me and my blog, I think it will be a bit of both. Indian/Chinese power and money but North European style and political diplomacy. Its a complex world and a single country will not rule it.