Excerpt from AgoraFinancial.com
Even the power elite recognizes something is amiss. Each year, the World Economic Forum — the outfit that holds an annual shindig in Davos, Switzerland — issues an annual ranking of the world’s countries and how competitive they are.
The standards are cut and dried: Are property rights protected? Are officials easily bribed? Are the courts independent? Is organized crime a problem?
The United States ranked No. 1 as recently as 2008. By last year, it had slipped to No. 5. And the overall rankings don’t tell the whole story:
http://5minforecast.agorafinancial.com/something-rotten-in-the-state-of-america/
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