The Wall Street Journal ran this report last week: “Fleeing the Dollar flood: The world tries to protect itself from US monetary policy .”
Time was, it was with some pride and hope that one read “When America sneezes, the world catches cold” – because US policy didn’t threaten the world; it saved the world.
So what if it was hubris? It was only the same kind of hubris you saw motivating the best MIT engineering student or Google software coder. That student coder—like any Amy Farrah Fowler—would quickly enough solve whatever problem you threw at her.
But now even the Wall Street Journal documents how much the traditional global economy has shifted in perception.
Who’s running the pool on how long before conventional soft power goes too?
Or, look at Jon Chiu‘s version with national boundaries drawn in:
Just two quick observations: First, it’s known that Facebook is, while not impossible, difficult to access in China for reasons of policy: That’s why China appears dark in these images; the competing renren.com is used enough there.
Second, as far as I can tell, both these renditions were coded by Canadians.