Because I and you are on the other side of the 'table' we tend to talk 'what is suitable for that side of the table' , no sooner than not we get a chance to 'be on ..this..side of the ..table. ..the thrust of the TALK will change..!! I think , YES & NO !! I think , this side OR that side there ..is ..some truth on BOTH sides and the sensible person should try to get at the grist of both sides and then proceed.. This I feel ..is the case .with almost 90% of times .from raaj joshi

This is all highly normative W.E. None of the assertions about "brainpower" and "geology" are backed up instrumentally. If you had ever worked with the rules coming out of the SEC and DoJ, you would see that the US securities markets are the most aggressively regulated in the world, many of them having a global reach. It is true that derivatives have had a very big impact, but they are a young technology and mathematically difficult to price. In the future, I think that risk managers within banks and insurance companies will be much more cautious before entering into some of the riskiest swap transactions, but confidence will return. In 2012, London, the centre of the global financial market and home of the world's largest eurodollar pool will host the Olympic Games. This may be the stimulus we need. It is hyperbole to predict an epoch shift on the scale that W.E. asserts in this article.

Anyone putting their trust in the US DoJ or SEC is a fool. Both organizations are completely corrupt and tools of the House of Morgan et al. Mr. Engdahl's essay goes to the heart of that corruption which some may find uncomfortable. Now that peer reviewed research has shown explosives being responsible for the towers' and building 7's collapses, full faith and credit of the US government is nil. The only hangers on at this point are either corrupt or delusional.

There will be a decline, and it's about time. We needn't be in so many places at one time. This military expenditure just saps our economy and helps to embolden corrupt corporations who have too much money flowing to our elected representatives. This financial decline doesn't have to be the death of our economy, but it just might if both sides keep it up. What we need is some conservative-centrist policies to help lighten the social and financial load a bit. The institutions that will see us through are the ones with connections to real people. try; ( http://www.communitybankers.org/ ). Between some of the mindset differences you can sample on that site and the beginning of some form of quasi-universal health care, Americans could then begin rebuilding our damaged economy. The bubble did need to burst however. You can't sustain that growth forever.

I am sure to have read Oli Lindop comment on another site, another post. some days ago. Exactly the same wording. Who is he ? which is IP ? What he plays ?

Two or three points: 1. Don't put all your trust in one government, or all your eggs in one basket. 2. The United States has carried too much of the world's problems for too long, as well as trying to take care of it's own problems. Let's see China carry the world's financial burdens. 3. There have been major financial and political crises in other nations too. Strange thing that the US still has a steady flow of immigrants even today. People must still see something good in the United States.

"Strange thing that the US still has a steady flow of immigrants even today. People must still see something good in the United States" Sure, from places like Mexico and Haiti. Poor people from 2nd and 3rd world countries will always flock to the US, but this is hardly a glowing endorsement of America economic future.