Tuesday, November 3, 2009

THE USA LOOSEN GRIP ON THE SIGNIFICANT FIELDS MENTIONEDLED TO ITS RECENT DIMINISHED DOMINANCY AND POPULARITY AS THE WORLD'S MAJOR POWER.


The United States of America recent diminished dominancy and popularity as the world's major power in the fields of the economy and perhaps militarily has urged some major world economic power to regard the general concern , whether the USA currency the dollar should remain the world's major reserve currency, despite claims of steady progress in the US financial markets.
Reasons for the loosen grip on the significant fields mentioned by the USA both sectors government and private that has been attributed to the USA failing genius whose brain in both the capitol and the private sectors needs either to recover, or to be changed as depicted in magazines and on some papers may seem ridiculus , when multi venues in the money making in the USA domestic markets could easily be attained, inspite of the recession. Infact, long term economic plans, rather than short term could be damaging, if the trend in the USA currency devaluation should continue.

Written by Godfrey Ohia.

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