America, the epicenter of the economic crisis, and a sinister and ugly Presidential election. Even so, America should do what it's supposed to do as the center of the world.
Economists at Wall Street pointed out that the Korean economy is infested with spectators. The Wall Street Journal says that even though multiple problems are seen at the same time in Korea, Korean high-ranking officers refuse financial support from the International Monetary Fund (IMF). Moreover, it's heard from various places that Korea has forgotten the lessons of the Asian currency crisis. That is absolutely ridiculous. Who triggered the crisis and spread it all over the world? Why are they that arrogant?
As far as IMF support is concerned, it is America who should begin to accept their aid. The only reason America hasn't gone bankrupt until now is because it can print as many dollar bills as they want. Without that ability, spectators would have gulped down the whole country already.
Aside from the burst of the American housing bubble and the root causes of speculation, there are more genuine American economic illnesses. Namely, the trade and budget deficit of America that have become monstrous. The more dollar bills America prints, the larger the budget deficit will be ballooning. Someday, America will be placing this enormous burden on the entire world. Even if that time comes, will Wall Street scold the country it has damaged, and still point their finger at the infestation of currency specters?
At the sight of the scene in Washington, the problematic politics America is carrying seem bigger than they have ever been. The intense and ugly election campaign season is heating up in America between Democrats and Republicans just like before, as if it were a divided nation. The Eastern and Western coastal regions side with Democratic Party, while inland regions favor the Republican Party. 70% of those making an annual salary of less than $35,000 support Obama's candidacy, while those making more than $50,000 per year tend to support McCain.