The Current Discussion: In the future, global prosperity will present more of a threat than poverty, according to a recent Post op-ed. Is this just rich-American rhetoric, or is the world really getting too prosperous for its own good?

There is a huge difference between people living above the poverty line and people being wasteful consumers. To argue that China and India’s prosperity will harm those countries and the larger environment is only partially true. Indeed, the environmental concerns of progress apply to all, whether it be America, China, India or any other nation. The failure of countries like the United States to accept and adopt an environmental protocol that actually works is deplorable. In equal measure, India and China's lack of respect for the environment also places them in the same shelf as the Americans.

Continue »

The Current Discussion: If countries around the world are doing so well economically, why are they still catching a cold when the United States sneezes?

In a more interdependent world, we simply can’t ignore the economic wellbeing of the world’s largest economy. A further slide in the U.S. cannot remain an isolated event. The U.S. dollar remains the major reserve currency, with all the major commodities being priced in U.S. dollars – so it is hardly surprising that the weakness of the U.S. financial system will have international ramifications.

Continue »