Neville Prior 9 August 2011 10:55:28The USA gets its credit rating downgraded by S&P from AAA to AA+. There are riots across the UK. The Eurozone is in chaos. These are all symptoms of something, the question is what?
The world is going through a massive rebalancing, and it is clear to everyone, that the power of the West is declining whilst that of the East is rising.The result is somewhat painful as everybody in the West comes to the realisation that the comfy times of the past are over. However, be under no misunderstanding that this also brings massive opportunities, that will favour those who go an take those opportunities. All the issues we see right now arise from lack of leadership in the West. It is a lack of courage to face up to issues by politicians and citizens alike that have led to economic crisis, disquiet and turmoil. We need to regain those skills of leadership, bravery and entrepreneurship to guide our way to calmer waters.
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