cyclingscholar

New Economic World Order: U.S. No Longer On Top

I really suggest you read STRATFOR's analysis of this similar issue, you political and economic lightweight. Alot of good trade surpluses, economic integration, and socialist safety nets did to protect people in England, Germany, Switzerland or numerous Asian economies. Their markets are down more than ours.

Go ahead and cheer the Euro...a currency backed by no taxing power, by countries that have military and intelligence networks so impotent they can't handle soccer hooligans, a region more dependent upon russia for petrofuels than a fetus is on its mummy for food and oxygen.

Europe comes to America hat in hand for rebuilding of a world financial and trade order. The only question: what will the Americans demand this time?