The current economic situation of the world seems to be iterating the fact that the new world is now recognizing the capabilities and potentials of the third world countries and economies which are replete with the essentials like manpower and creativity in almost all the spheres of life especially in holding the ensign of successful economies.

The untouched place and status of the United States in the pyramid of world economies has now being touched by countries such as India and China and company’s like Goldman Sachs, Merrill Lynch and JPMorgan who have showed and delivered to the world that they are at par with the United States and no longer need its support to exist in the current competition of the market. economy

The very explicit inflation, the United States housing bubble and domestic credit crisis of the United Stated has shown that it is as vulnerable to ambiguities of the market as any other country. The stipulated “decoupling” in universal terms has failed miserably in the United States, as the dependency between the environment and the growing economy has led to certain serious imbalances in the country. The situation concerning the credit backlash on the colored population and other consumer crisis in the US suggests the downfall of the market in very clear terms

Also, with the shrinking of the domestic market, the companies in the US, like McDonald and IBM are earning a majority of their revenues from foreign markets. When foreign markets are delivering and making profits for the domestic US companies, the follow on strategies of the companies seems to be the enhancements of their dealings and affairs in the foreign investors and markets.