Memo for US: Protect & perish

And then there were two. We now know that either Barack Obama or John McCain will be the first US president of the next phase of globalization.

Whichever it is, they will be the first US president whose foreign economic policy will be dominated from day one by a fundamental transfer of economic power from West to East and South.

The Atlantic world is no longer the center of the economic world, because the economic world no longer has a center. How Senators McCain and Obama interpret that fact matters to all of us.