The Global Economy and the Priveliged Class

The Global Economy and the Priveliged Class Do you think that the global economy helped cause America to losiesome of its strength? Or, is the global economy being used as a ‘bogeyman,’ or a scapegoat, like Perrucci and Wysong say? Why do hold your opinion? What do Perucci and Wysong think is the reason for the decline of America? Do they think that the trade deficit between China and the US is especially harmful to America’s economic position? What about trade agreements like NAFTA and FTAA? Spatially de-centered firms?