Is Globalisation Real?

The world is presently in a turmoil because many policies are more confused than they have ever been. For instance, few Presidents gather when they feel to decide for the whole world. Yet there is no solution to any of the contempory issues troubling the world they discussed. Every meeting has a communique which is recycled in evey other meeting. Mr. Presidents! the world is watching and waiting. How long shall the world continue to wait for promises A-Z?

Take a cursory look at the value of many countries currency, especially the almighty U.S dollar. Is it not evident that the value is fastly depreciating daily? its purchasing power has lessened when compare to the years in review. The global currency - the dollar has become powerless because the U.S economy is in a state of what next?

The renowned and self-acclaimed world economists have failed to unravel the cause of the global economic downturn and depression. None of the meetings on this regard was successful. When stimulus package was pushed out, it went into private pockets. Is this not corruption? It is because the American people, especially the poor have not felt the impact of the stimulus package. I feel it is high time economic policies become country-based and sensitive. Instead of designing and packaging all global economic and contemporary issues in closed doors in Washington, DC, New York, London, Paris etc., to various countries in the world. For instance, most developing nations will continue to be at the mercy of the developed world because of policies which are more protectionist than for the general good of all. The Western nations will continue to monopolize global issues and globalize them to their advantage.