5.) USA can not preach to Asia now that our Financial System is the best because we are failed, less legitimacy, worse reputation. USA can't lecture China our system is not superior. Washington concensus is not superior anymore, similar to fall of Soviet system. Perhaps it was lichens and moss, one needed other for survival? Arch rivals energized each other?
6.) USA uses numbers and statistics to value the success of business more than the rest of the world? We are suited to a knowledge based economy? But how can we do it when policy is stifling finance capital so that they are not using statitics, they are worried more about government policy and hostility towards success of new startup business? Hostility towards the culture that built USA?
7.) Innovation and Entrepreneurship make USA grow out and survive? But government policy is caustic and hostile to small business? Explain to me how somebody? Where is the reference to this?http://www.hulu.com/watch/213251/foratv-economy-the-financial-crisis-will-it-lead-to-americas-decline#s-p1-so-i0   See 1 other reply