U.S. leadership position threatened

I was reading and article bt Bill Emmott in The Times from October 24, 2011 and it is still actual. That makes me think that yesterday news are still today and tomorrow´s news. We usually think time pass so fast, but things are not changing at the same spead.

The mentioned article has as headline "Why we should fear America’s China-bashing", and it is explaining the    tough "fight" for being the first world economy. But, what it really called my attention is the sentence at the very end mentioned that "the euro will determine whether the world is going to face another financial crash". Do you think the euro is able to assume this heavy  responsibility? I will defend it but we need measures that really help the economy rise again.


In the current financial situation, protectionist measures as trade barriers are being raised and if you compare U.S. and Chinses growth on GDP or size of their economies, data scare. 10 years they predict. Lets keep the yesterday news on mind just to say, there it was.