Author Topic: TIME: New World Order  (Read 427 times)

Bindare_Dundat

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TIME: New World Order
« on: February 09, 2009, 08:48:01 AM »
In recent weeks, the world has been politely standing by and watching how things play out with the fiscal stimulus and latest bank-bailout plans in Washington. Yes, there's been some grumbling overseas about "buy American" provisions in the stimulus bill, but for the most part, officials elsewhere don't want to step on the toes of a new President to whom they are favorably disposed. They also don't want to endanger legislation that they hope will help jump-start the global economy.

Just wait a couple of months, though. Politicians from Beijing to Berlin to Brasília see the current crisis as the product of a messed-up global financial infrastructure dominated by the U.S., and they will soon be pushing for big changes--whether Americans like them or not.

http://www.time.com/time/magazine/article/0,9171,1877388,00.html

headhuntersix

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Re: TIME: New World Order
« Reply #1 on: February 09, 2009, 09:38:59 AM »
Interesting and he limits the scope of the article to purely financial but many of these countries can defend themselves and look to us to do that. They look to the Western world to create stability and a playing field that alllows them..anybody to trade and prosper. If a shake-up or a restructuring is to occur, u will need stability and someone to do that. Most of Europe lacks the will to do that. At Bretton Woods..we knew what the playing field was going to be and who had stablized it. Thats not the case today and can't be overlooked.
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