‘splain to me again, the blessings of a “Global Economy”.
Their isn’t one. We are the economy mover. Obama’s Marxism is trying to crush it.
"Fixing things now" involves one major step: immediately stop all further credit to European governments, so that spending is limited to what tax revenues are brought in. Fire half the public employees, and tell the other half that they will not be retiring at 50, but more like 65 or 70, and telling current under-70 retirees to report back to work or lose all benefits.
Then machine-gun any rioters that are too upset with this.
I know you know why and how the “global economy” came about.
But is the the mother of all examples of the law of unintended consequences.
If a nuclear war would destroy all economies and thus rule nuclear wars so destructive to all that no nation would consider it, it should have been obvious and certainly is today that any risk to the global economy would be unacceptable to any member of the civilized world.
The answer is that when this mess is all over, the USA should shun any effort to rebuild a global banking system. We should be totally independent. That independence would serve as a firewall against a lesser economy poisoning ours.