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Without peaceful international relations, there could be no economic stability and prosperity. On the political front, world leaders and UN veto-holding members could reset their foreign policies and stop burdening their economies and their people with international conflicts. The UN international courts of justice could be responsible for resolving international conflicts. The implementation of this solution requires a strong global leadership vision and action. Unfortunately the US leadership is limited by many conflicting private interest groups and is buried in domestic politics, ideological conflicts, and security issues. It is also unlikely that the global powers will let go of their power voluntarily and the situation will not get better before it gets worse.

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Submitted by on February 20, 2011

Med Jones

Med Jones is the president of International Institute of Management - A US based think tank specializing in applied strategy in the fields of economics, financial markets, and business operations. Jones is one of the few experts who predicted the global financial crises of 2008. In 2006 he warned about three crises to hit the US in the decade from 2007-2017; the burst of the housing bubble, US national debt, and the social security deficit. His statements and predictions are followed by economic researchers and investment analysts around the world. He is also noted for his contribution of the second generation of Gross National Happiness (GNH) framework, also known as GNH Economics.

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