There’s a thought provoking article in the new Vanity Fair by Joseph Stiglitz, the Nobel Prize winning economist, which evaluates what the current financial situation throughout the world means to America’s position in it.
It is worth reading and thinking about, since it lays most of the responsibility on a “free-market economy” as foisted on the world by a greedy and thoughtless Wall Street, which set very different standards for other countries than it adopted for the U.S. This from the article: