Crisis Goes Global
With an almost synchronized effort, the news today is replete with an apparent shift in the economic discussion. Today, the news is focused on internationalism, i.e., a meeting of global leaders, the failing of foreign economies, and a push for a new world order.
The economic crisis may turn into the first world-wide public discussion of a new international financial order, which always results in a corresponding political transformation. Try to keep in mind that in every crisis, those who are to blame--or who failed in their responsibilities--are usually the ones that end up with the power to fix the problem:
The economic crisis may turn into the first world-wide public discussion of a new international financial order, which always results in a corresponding political transformation. Try to keep in mind that in every crisis, those who are to blame--or who failed in their responsibilities--are usually the ones that end up with the power to fix the problem:
- U.S. gov't failed on 9/11 but ended up with greater power.
- U.S. gov't failed with Hurricane Katrina but ended up with greater power.
