As my first post I will make a prediction.
By 2015 the world economics will be in total disaster.
I say this from looking at the economic and foreign policies of the USA which are a disaster now and who’s politicians are refusing to change. China is the world’s most powerful country, they hold the US purse strings and the US has no choice but to dance to the tune the piper is playing. The only thing holding China back in expanding an empire is oil and they are the only power nation left able to purchase oil without going further into debt. To US disgrace they are doing so mainly on US monies.
I liken US politics to two negotiators. One insists that 2+2=7, the other convinced that 2+2=5. Even if they compromise, they will be wrong. Not to say that the USA is worse than most other G20 nations, just that they have the most influence economically. Seeing the results from the primaries last night, it is obvious that nothing is going to change. The truth hurts and is about to hurt more.
To the American peoples all I can say is – A little humility and down sizing will go a long way.