World Politics

Wolfgang Schäuble, German finance minister, referred to the latest actions by the Fed as "clueless" and followed up, "It doesn't add up when the Americans accuse the Chinese of currency manipulation and then artificially lower the value of the dollar...I have great doubts about whether it makes sense to pump unlimited amounts of money into the markets. There is no shortage of liquidity in the U.S. economy. I can't see the economic argument for this move."

Dilma Rousseff, Brazil's president-elect: "The last time there was a competitive devaluation of currencies it ended up where it did, in the second World War."

Personally a little uncomfortable with where our leadership is taking us, with Obama continuing to ignore (or often worse) our long time allies (Isreal, France, Germany, UK), unfathomable debt, and the Fed pursuing very shortsighted solutions, I think this world could be a very different place in the next few years.

(although my caveat is that I am not an economist, political scientist, or have any advanced education specifically relating to these issues, so take it with a grain of salt)