Sunday, December 15, 2013

Globalization and America 12/8/13

Globalization has connected the different civilizations of the world through economy and militarism. But is it having an effect on America? According to Edward Goldberg, writer for the Huffington Post, it is. He says that America's energy independence has caused it to step back from world affairs and is close to becoming isolated. America has become the largest producer of hydrocarbons and non-OPEC in the world. However, now that it can produce more of its own energy it no longer needs to import as much from other countries, and it is losing the influence that it once had on them. Regardless of this, the Federal Reserve Bank has become very powerful through globalization because the dollar has become the staple currency, exchange rates and the stability of the U.S economy. The idea of the North American Free Trade Agreement (NAFTA) is becoming more realistic. Bush and Clinton hoped that one day,the U.S, Mexico and Canada would unite their economies to beat China and to lessen the amount of illegal immigrants from Mexico. America has been involved in world affairs for most of, if not, all of its history. It has been a mediator between countries, a friend to others, and an enemy to some. How will the world function if the U.S becomes isolated? Every empire runs its course and we hope that America is too young to die. And let's hope that it has not become too tired of dealing with the world's crap. http://www.huffingtonpost.com/edward-goldberg/the-globalization-5----ho_b_4377331.html?utm_hp_ref=foreign-affairs

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