BondTrader wrote:
I agree 110%. My comment was as it applies to most of the rest of the world that can't stand the U.S.
I think that the rest of the world generally accepts the general values of our economic system and as a result, the world is in an unprecedented economic boom.
Regardless of your politics, it is a fact that the main reason the rest of the world holds us in such contempt is because of our current president. To the rest of the world he epitomizes the "ugly American". He is viewed as simultaneously arrogant and ignorant. Who can argue?
Kerry was a seriously flawed candidate, but we were fools for re-electing this clown. Anyone would have been better, change for the sake of change would have been better. Bozo the clown would have been a better choice. To the rest of the world, we were viewed as shockingly idiotic for bringing the guy back for another term.
I would submit that the main reason for that for the rise of the current leadership in Venezuela and Iran is because these guys are perceived as standing up to the bully tactics of our currant administration.
We enjoyed a relatively high level of prestige and admiration during the Clinton years. Regardless of what party our next president comes from, I am looking forward to having a leader with a more intelligent world view that I won't be such an embarrassment when I travel abroad.