avg.guy

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

Understandably most Americans have a very strong emotional attachment to their place in the world and in history. This type of strong emotional attachment can prevent one from acting as a truly rational player. They will likely be the last persons on earth to recognize a downgrade in the status of their great nation, a fact that makes this type of slide more probable.

I do not know if now is the time, but I do know that there are a lot of smart people out there that want to limit their exposure to a world economic model based too heavily on any one nation's economic policies and performance. A more distributed world economic system seems likely.