Thursday, December 16, 2010

Reuters Report - America, Sick Man of The World

Reuters has published a special report on the structural threats that beset America's economy and must be solved if the United States is to recover its place in the world.  It compares America's predicament today to the years when Germany was considered the "sick man of Europe" and finds lessons in how the Germans restored their country to its place today as an economic powerhouse.

Unfortunately, what worked to salvage Germany - vision, willpower and sacrifice - are qualities that America would have to relearn, attributes at odds with America's deeply divided society and disparate wellbeing.  In today's America the answers may be out of reach.

Because Canada's future is so tightly lashed to America's the Reuters report is well worth reading.    We have to realize what's coming long before it arrives.

No comments: