"A major topic of conversation within the corridors of power in Europe and Asia is the decline and potential end of the United States as a major global economic power. This is in part a reaction to the desperate and foolhardy monetary policies of the Federal Reserve, trying as they are to mitigate the effect of enormous national debt and a restructured economy bequeathed to the American people by the "progressives" in the governing class over the past fifty years. But it is also a realization of what will happen to the global economic structure if the United States does not regain its previous world standing."

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