I just saw this video that should be a wake up call for the rest of the world. But then again, it might just be the leadership of the world moving to the East from the West. Nothing lasts forever, and it is looking like Western society is about to be eating a lot of 'humble pie' in the future. China (and the rest of Indo-China) is poised to take over the reins of power. The people in the West have had a good thing for too long, and the old saying that "Absolute power corrupts absolutely" is not just trivia.
From bad investments in crazy instruments like derivatives, bureaucratic freeze, lazy neo-imperialistic policies towards the 3rd world, and wars, to the stagnancy of technological progress that is more about maintaining the status quo than about increasing efficiency, the paradigm upon which Western Civilization has been based is failing.
There may not be much that can be done now, as the course has been set and the foundation for this was laid in the 1970's, 80's and even the 90's. The terrible financial environment that we have today is not just the result of G.W. Bush or Obama, but has been a result of decisions made because of 'political expediency' if not totally engineered by certain factions. The bottom line is what is expressed in the video below. It used to be Western countries that would do these things, but "My, how things have changed..."
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