Rah Rah Ree, Kick'em in the Knee!Economic OutlookDecember 08, 2009 Posted by Joe Morgan, CFA Read More0 Comments
There are those who foresee the decline of American power in this world and a corresponding increase in the strength of the so-called BRIC nations, ultimately leading to deterioration in the United States' influence over world affairs. I admit I've found myself making statements that lean in such a direction. This overhang of doubt and uncertainty that started long before the current recession is feeding on itself, creating the real possibility of these scary consequences. But it needn't be so.
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