Fiscal Crisis and World Order
The book begins by approaching the fiscal crisis that hit the United States and the global economy starting in 2008 with a short historical background. It details various aspects of the economic and fiscal crisis, in relation to congressional efforts to produce a solution, and it predicts what success can be expected from these efforts. Secondly, the book looks (from several points of view) at what effects will be seen in the global world order if the United States fails to resolve its issues at the national level. Lastly, the author looks at what the effect could be if the current system of nationalism (Westphalian system) fails in relation to international cooperation. The book is written in a manner that will allow readers access, in one place, to most of the issues involved in both the recent recession, the current fiscal crisis and the possible double-dip recession.
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hoW the current crisis diFFers From those oF the Past
the reaction to the Fiscal crisis in the us
the Fiscal crisis as it aFFects the euroPean union and
some alternative outlooks on the Fiscal crisis
a look at the World order as it exists today
the creation oF a n eW W orld order
a look at a neW World order based on international
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Afghanistan Africa allow amount attempt bailout balance of power become billion dollars budget deficits China collapse Congress core nations decade default democratic economic growth election empire entente established Euro zone Europe European Union existing expected federal government financial community financial crisis fiscal crisis force foreign policy free trade Friedman fund George Friedman Germany global economy global market highly industrialized nations increase India institutions interest international organizations Iran Iraq issues Japan Korea labor least long term ment Middle East military nation-states national debt nomic Obama Party Persian Gulf political population position prediction president problems programs recession reduce reform regional power relation Republican restructuring result revenue robust Russian Federation sector short term social unrest social welfare solution South Korea Southeast Asia sovereign power Soviet Union system of nationalism tion trading blocs treaty trillion Turkey unemployment withdrawal world government world order