Home › Forums › Financial Markets/Economics › America Loses Its Dominant Economic Role
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October 1, 2008 at 11:05 AM #279116October 1, 2008 at 12:19 PM #279146SD TransplantParticipant
Kewp,
I see you’re looking for a specific country to replace ours immediately, yet I don’t think one could give you the answer. However, I believe the main point of this is bigger. A vacuum left in leadership or respect in the financial international market/system, which the US use to command, will yield a smaller piece of the existing financial pie. Also, pressures from China, Russia, and other OPEC members or countries to find a better international valuation currency could shift things even faster in our fall from grace. Our country has less leverage in negotiations since we’re full of debt, credit rating agencies are worthless, banks are in the situation we know, recession is immenent, and the system as a whole is questionable.
I guess the PERCEPTION and the FREE MARKET concept that is founded on TRUST or the lack thereof is the bigger point here.
October 1, 2008 at 12:19 PM #279155SD TransplantParticipantKewp,
I see you’re looking for a specific country to replace ours immediately, yet I don’t think one could give you the answer. However, I believe the main point of this is bigger. A vacuum left in leadership or respect in the financial international market/system, which the US use to command, will yield a smaller piece of the existing financial pie. Also, pressures from China, Russia, and other OPEC members or countries to find a better international valuation currency could shift things even faster in our fall from grace. Our country has less leverage in negotiations since we’re full of debt, credit rating agencies are worthless, banks are in the situation we know, recession is immenent, and the system as a whole is questionable.
I guess the PERCEPTION and the FREE MARKET concept that is founded on TRUST or the lack thereof is the bigger point here.
October 1, 2008 at 12:19 PM #279193SD TransplantParticipantKewp,
I see you’re looking for a specific country to replace ours immediately, yet I don’t think one could give you the answer. However, I believe the main point of this is bigger. A vacuum left in leadership or respect in the financial international market/system, which the US use to command, will yield a smaller piece of the existing financial pie. Also, pressures from China, Russia, and other OPEC members or countries to find a better international valuation currency could shift things even faster in our fall from grace. Our country has less leverage in negotiations since we’re full of debt, credit rating agencies are worthless, banks are in the situation we know, recession is immenent, and the system as a whole is questionable.
I guess the PERCEPTION and the FREE MARKET concept that is founded on TRUST or the lack thereof is the bigger point here.
October 1, 2008 at 12:19 PM #279204SD TransplantParticipantKewp,
I see you’re looking for a specific country to replace ours immediately, yet I don’t think one could give you the answer. However, I believe the main point of this is bigger. A vacuum left in leadership or respect in the financial international market/system, which the US use to command, will yield a smaller piece of the existing financial pie. Also, pressures from China, Russia, and other OPEC members or countries to find a better international valuation currency could shift things even faster in our fall from grace. Our country has less leverage in negotiations since we’re full of debt, credit rating agencies are worthless, banks are in the situation we know, recession is immenent, and the system as a whole is questionable.
I guess the PERCEPTION and the FREE MARKET concept that is founded on TRUST or the lack thereof is the bigger point here.
October 1, 2008 at 12:19 PM #278877SD TransplantParticipantKewp,
I see you’re looking for a specific country to replace ours immediately, yet I don’t think one could give you the answer. However, I believe the main point of this is bigger. A vacuum left in leadership or respect in the financial international market/system, which the US use to command, will yield a smaller piece of the existing financial pie. Also, pressures from China, Russia, and other OPEC members or countries to find a better international valuation currency could shift things even faster in our fall from grace. Our country has less leverage in negotiations since we’re full of debt, credit rating agencies are worthless, banks are in the situation we know, recession is immenent, and the system as a whole is questionable.
I guess the PERCEPTION and the FREE MARKET concept that is founded on TRUST or the lack thereof is the bigger point here.
October 1, 2008 at 4:45 PM #279047AnonymousGuestI don’t feel perception has that much power. The decline in finance industry is a good thing in the long run because any leading country that became too reliant on the finance will decline rather rapids after the peak. More talent moving to diversified domains will help slow down the decline.
October 1, 2008 at 4:45 PM #279374AnonymousGuestI don’t feel perception has that much power. The decline in finance industry is a good thing in the long run because any leading country that became too reliant on the finance will decline rather rapids after the peak. More talent moving to diversified domains will help slow down the decline.
October 1, 2008 at 4:45 PM #279316AnonymousGuestI don’t feel perception has that much power. The decline in finance industry is a good thing in the long run because any leading country that became too reliant on the finance will decline rather rapids after the peak. More talent moving to diversified domains will help slow down the decline.
October 1, 2008 at 4:45 PM #279326AnonymousGuestI don’t feel perception has that much power. The decline in finance industry is a good thing in the long run because any leading country that became too reliant on the finance will decline rather rapids after the peak. More talent moving to diversified domains will help slow down the decline.
October 1, 2008 at 4:45 PM #279363AnonymousGuestI don’t feel perception has that much power. The decline in finance industry is a good thing in the long run because any leading country that became too reliant on the finance will decline rather rapids after the peak. More talent moving to diversified domains will help slow down the decline.
October 1, 2008 at 7:25 PM #279367hipmattParticipantI agree that we have lost our lead in the financial world, but it hasn’t sunk in yet… the world still looks up to us, and thinks we can pull this off. We are last years New England Patriots… virtually unstoppable. We are Rome before the fall.
Once everyone figures things out, the dollar will fall drastically. In my amazement, the dollar has rallied lately. Expect a huge dollar decline when its common knowledge.
October 1, 2008 at 7:25 PM #279413hipmattParticipantI agree that we have lost our lead in the financial world, but it hasn’t sunk in yet… the world still looks up to us, and thinks we can pull this off. We are last years New England Patriots… virtually unstoppable. We are Rome before the fall.
Once everyone figures things out, the dollar will fall drastically. In my amazement, the dollar has rallied lately. Expect a huge dollar decline when its common knowledge.
October 1, 2008 at 7:25 PM #279424hipmattParticipantI agree that we have lost our lead in the financial world, but it hasn’t sunk in yet… the world still looks up to us, and thinks we can pull this off. We are last years New England Patriots… virtually unstoppable. We are Rome before the fall.
Once everyone figures things out, the dollar will fall drastically. In my amazement, the dollar has rallied lately. Expect a huge dollar decline when its common knowledge.
October 1, 2008 at 7:25 PM #279376hipmattParticipantI agree that we have lost our lead in the financial world, but it hasn’t sunk in yet… the world still looks up to us, and thinks we can pull this off. We are last years New England Patriots… virtually unstoppable. We are Rome before the fall.
Once everyone figures things out, the dollar will fall drastically. In my amazement, the dollar has rallied lately. Expect a huge dollar decline when its common knowledge.
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