August 19, 2011
The Japanese Yen has risen to its highest level against the US dollar since world war II. Weak growth of the U.S. Economy and signs of a double dip recession caused panic amongst investors. The selling of U.S. dollars to invest in gold has much to do with this current situation.
World Financial Order Is Shifting By Anthony Taylor MBA
For over three centuries the world financial systems have been orchestrated by the North Atlantic countries. What we are now seeing is a major structural shift where the wealth of the North is now moving to Asia. The countries of the the East are now sitting on rapidly growing wealth whilst the countries of the West are now virtually broke. This will have have far reaching economical implications for America and Europe. The “world financial order is rapidly shifting” to the new uncertain and uncharted teritories of Asia. The problem is that we do not know if these emerging financial super powers posess the “moral humanitarian will” that is required to effectively aid and tend to the social and economical needs of the poorer and less fortunate countries as America and Europe have done over the past fifty years and is currently doing to date.
US May Loose World leadership to China In Fifteen Years (2026)
The U.S. is at risk of loosing its status as global financial leader to China within the next 15 years and this is quite dangerous, not only for the U.S. but also for the many countries that are inter-linked to its economy via investments, trade, aid, security, currency and other means. It is frightening and some what unfortunate that the U.S. political system does not “ring fence the country’s economy, defence and other key core resources. It appears that there are some politicians amongst the Republicans who are so ignorant that they they would sacrifice all of this. They simply could not see beyond a ” Black president and their Democratic opponents”. The debt ceiling wranglings should not have dragged out to the extent that it did. The result, it left the U.S. in a very vulnerable position to be scrutinise by the rest of the world. Not to mention Beijing who has been quick to scold America on its “financial policy ratifying procedures”.
August 4th, 2011 : Global Economy Lost $4.5 Trillions
Many republicans leaders are now licking their self-inflicted wounds. Too late, the global economy has seen $4.5 trillion wiped off their fortune on Thursday August 4th. America needs to get its debt down urgently but it cannot do it too fast, at the same time it also needs to stimulate growth in what is and what has been a sluggish economy. It is about striking a balance between these two strategic objectives. One does not need to to have a professorship in Economics to understand this simple fact.
Global Wealth Concentration
On a larger scale many of us may not like the current “Concentrated Financial World Oder” where the elites in Europe and America controls majority of the worlds wealth. In Americas case 85% of its wealth is controlled 19% of the population. At least there are some elements of mercy on the poorer countries and the poor class. But only God knows what will replace it. We all want change but not for the worst. A global change too fast and too soon will only result in making the world less humanitarian and a worst place for the poor to live. The problem is that this change is already rapidly taking place and and some of the main players are Asian corporations whose executives are very intelegent, astute, keen but more ruthless than many of the corporations of the West which we are currently dealing with.
Emerging World Order
Historically we have seen that it was the Richer Countries, richer people, owners of Banks and large corporations that have shaped the current world order. There is a new generation of emerging richer countries, richer people, banks and and rapidly growing state-backed corporations. They are also after their of their piece of the pie, global warming is not on their adgenda but “global corporation” is. Nothing is wrong with wanting a piece of the pie. However its ……………….. Please revisit this site to read the rest of this article on sunday Sept. 21st ( Anthony Taylor MBA)