The book begins by approaching the fiscal crisis that hit the United States and the global economy starting in 2008 with a short historical background. It details various aspects of the economic and fiscal crisis, in relation to congressional efforts to produce a solution, and it predicts what success can be expected from these efforts.
Secondly, the book looks (from several points of view) at what effects will be seen in the global world order if the United States fails to resolve its issues at the national level.
Lastly, the author looks at what the effect could be if the current system of nationalism (Westphalian system) fails in relation to international cooperation. The book is written in a manner that will allow readers access, in one place, to most of the issues involved in both the recent recession, the current fiscal crisis, and the possible double-dip recession.
The book begins by approaching the fiscal crisis that hit the United States and the global economy starting in 2008 with a short historical background. It details various aspects of the economic and fiscal crisis, in relation to congressional efforts to produce a solution, and it predicts what success can be expected from these efforts.
Secondly, the book looks (from several points of view) at what effects will be seen in the global world order if the United States fails to resolve its issues at the national level.
Lastly, the author looks at what the effect could be if the current system of nationalism (Westphalian system) fails in relation to international cooperation. The book is written in a manner that will allow readers access, in one place, to most of the issues involved in both the recent recession, the current fiscal crisis, and the possible double-dip recession.