America: Headed toward the right/wrong direction?
In the aftermath of Standard & Poor's downgrade on the United States' credit rating, we have seen massive sell-offs in the world's markets. Although these phenomena may not fully be related, it still begs the question of whether or not America would remain economically solvent, especially in light of the rising Asian economies.
What would it mean for the world to have a United States that has fallen economically beyond recognition? Lastly, how do you think our current world economic landscape would affect YOUR life in the forseeable future?