An Ambassador Warns that U.S. Policies Could Cause the Country's Self-Destruction

In America's Suicidal Statecraft: The Self-destruction of a Superpower, economist and former ambassador James Cumes dissects the policies that could collapse American and global markets

Vienna, Austria (PRWEB) March 17, 2007 -- America's Suicidal Statecraft: The Self-destruction of a Superpower is former ambassador James Cumes' provocative investigation into how the policies followed by the United States for decades are about to cause economic, financial, political and strategic self-destruction. These policies, he asserts, have drained America's economic strength, endangered its position as the world's superpower, and could devastate everyone's personal finances.

Global stock markets continue to fluctuate wildly, affecting world economies, and in particular, that of the United States. Can something be done? Yes, says economic expert Dr. James Cumes.

In clear, concise prose, Cumes traces and analyzes the ways that world economies have developed. The author examines free markets, free trade, privatization and globalization, showing how the United States provided a model for the rest of the world to follow. But that model has resulted in astronomical debt, an uneasy social order and grave strategic uncertainties.

Cumes suggests that catastrophic economic and social collapse can be averted by adopting policies that will benefit less advanced countries, banish poverty, and promote peaceful change. He also calls for a reversal of interest-rate and credit policies, and an end to the overwhelming obsession with free trade, free markets, deregulation, privatization, and globalization. By turning from speculative enterprise to real investment and productivity, he suggests that America can restore its former greatness. Whether readers are bankers or educators or just individuals concerned with safeguarding their wealth from nightmarish collapse, America's Suicidal Statecraft is an invaluable book that directly addresses the present and future of mankind.

For more information or to request a free review copy, please contact the author at jcumes@chello.at. America's Suicidal Statecraft: The Self-destruction of a Superpower is available for sale online at Amazon.com, Borders.com, and through additional wholesale and retail channels worldwide.

About the Author
An economist, historian, and political scientist, James Cumes is the author of many nonfiction and fiction titles, including nuclear thriller Operation Equalizer and Inflation: A Study in Stability, one of his books notably foretelling the inflation of the 1970s, as well as the resurgence of the giant economies of China and India. He held senior positions in Australia's Foreign Office and diplomatic service. After postings in Paris and London, he was Chargé d'Affaires of the Australian Embassy in Bonn; Head of the Australian Military Mission, Berlin; Chargé d'Affaires Brussels; High Commissioner to Nigeria and visiting Ambassador to West African countries from Sierra Leone to the Congo; Ambassador to the European Union and several individual European countries. A former Permanent Representative to the United Nations Vienna, IAEA and UNIDO, Cumes is married and lives in Austria and Monaco, as well as Australia.

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