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US: Still the Global "Beacon of Free Enterprise"

Jack Ewing, Der Spiegel | September 26, 2008

It's a critical question: Is the financial crisis on Wall Street going to damage the US's image of good finance and business expertise? ++ Actually, the answer is no. ++ The image of the US from a global perspective is still strong, and the US is for many "a beacon of free enterprise." ++ There is no other financial leader who could replace the US - Europe is divided, while Russia and China have developing economies and questionable leadership. ++ As a result of the crisis, the US may become more cooperative and multilateral in global affairs.

 

 
Tags: | Wall Street | China | Russia | EU | free enterprise | financial crisis | US |
 
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