The Compass

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A Bright Spot Amidst the Gloom

Well, the news isn't all bad this morning: the US has topped the World Economic Forum's competitiveness rankings for the second year in a row.

Of course, relative position doesn't count for much if everyone is in the same barrel going over Niagra Falls. But if the world economy avoids going completely over the cliff, the US is well placed to bounce back at least.