November 13, 2012

Power Vacuum Gives U.S. Room to Operate

George Friedman, Stratfor

AP Photo

The United States has a modestly growing economy and, rhetoric aside, does not face existential political problems. Where the European Union's survival is in serious question and the ability of China to resume its rate of growth is in doubt, the United States does not face a political crisis on the same order as the other two. The fiscal cliff is certainly there, but given American political culture, all crises signify the apocalypse. It is much easier to imagine a solution to the United States' immediate political problems than it is to imagine how Europe or China would solve their challenges.

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TAGGED: Eurozone, Europe, China, Russia, Iran, Barack Obama, United States

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