Is America in decline???
Recession has swiped the economy of several nations in which America is not an exception. The prosperity index (published by Legatum institute) of United States has leaped down to 9th place which was at 4th position last year. The decline is not vindicated by this alone as this is only a tip of an iceberg. There are many other factors which acknowledge the truth.
Reports from other trustful sources justify the above statement. IMF (International Monetary Fund) says that Asia is improving rapidly and that same has predicted the unemployment rate in America will be around 10.1% (which actually is an improvement compared to last year) is not a good sign of immediate recovery from recession. Also IMF has predicted that U.S economy will improve by 1.9% next year by which at least 10 developed countries will grow much faster.
Above all, United States is now one among the four nations where the living satisfaction is going down!!!!





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