We are witnessing very interesting and extraordinary times these days when two of the un-thinkable and the un-imagined events happened . Both the events announced the "Beginning of the End" of American Economic hegemony
The first event was related to US debt ceiling crisis which brought US Govt.to the brink of default recently on August 2. Just hours before the deadline of potential default , the congress finally put its stamp on increasing the US Govt. debt ceiling from $14.3 Trillion by $2.1 Trillion. However,...