Tell us something we don't know Germany. US ‘will lose financial superpower status’:
The US will lose its status as the superpower of the world financial system. This world will become multipolar” with the emergence of stronger, better capitalised centres in Asia and Europe, Mr Steinbrück told the German parliament. “The world will never be the same again.
Steinbrück goes further to blast the deregulation (read corruption) acts from both Democrats and Republicans.
I could also include that damn the torpedoes we want into China at all costs agenda, spearheaded by Goldman Sachs as helping all of this downfall along.
Howz that Corporate->Lobbyist->Government->Corporate revolving door workin' out fer ya?