The consequences of losing the global economic contest are very real. Both sides of the political fence would likely agree, money is of utmost importance to the continued operation of the country. To a nation, money is more than just a functioning government with all the security and support it provides, money is more than the livelihoods of citizens who seek to work and feed their families. Wealth contributes directly to a country’s global power, and affords influence as well as security. If a wealthy nation is a powerful nation, the loss of wealth can herald the loss of power.
Globalization, a fundamentally constructive revolution, is the catalyst driving the current situation. On the international level, globalization creates jobs, promotes trade, and encourages cooperation between countries. The interconnected nature of national economies creates a net that not only helps sustain troubled economies, but actually discourages international hostilities by introducing an additional layer of reciprocity. Through globalizat...
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