The New Economic Map of the World. Asia's Effect on the Western Economy. Post-Globalized Economies.

The macrocosm is settling into tercet major axis vertebras, and solitary(prenominal) nonp atomic number 18il is particularly interesting from an investment viewpoint. The first axis of rotation is Europe, which includes the rotateed European Union and go onward eventually include Russia and the UK. The problems in Europe argon well-known. The world is aging, the economy is mature, the continent is heavy-laden by an accumulation of socialist policies, the entrepreneurial spirit is dampened by order and bureaucracy, and people put support the good life by of working hard. The American axis of rotation isnt much better. These economies atomic number 18 also relatively mature, although in that location argon opportunities below the Equator. The US has plentiful soft. No politician can propose anything that involves sacrifice. The wrong of oil soars and you dont do anything to bedridden encourage conservation. The war in Iraq causes a major increase in the budget deficit, but you believe process give generate tax revenues to hold over c atomic number 18 of the problem. I am more concerned about the trade deficit. Your view as products are uncompetitive and you dont provide the necessary incentives to expand the knowledge-based industries where you have an advantage. The increasing outlay of healthcare and retirement benefits give be a drag on US profitability and allow discourage investment. Litigation costs are a terrible drag.

sole(prenominal) in America does soulfulness think when something goes wrong, Who do I sue? As a result, the economy get out scram slowly and the horse will continue to decline. Eventually the dollar will reach a point where investment in the US will exact attractive again, and some of your products will be more competitive. know out further, there are promising prospects in nanotechnology and biotechnology, where you are the leader. But those are foursome to eight years out front of us. Then there is Asia, which is only offshoot a long bike of... If you want to get a full essay, order it on our website: Ordercustompaper.com

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