I think the world economy has changed just a little bit in the last few years.... Controls world's financial markets? How about the biggest mortgage lender(CFC)and largest bank(C), slivers away from bankruptcy?
Yes, it's just becoming evident to the public now more than ever. It's hard for alot of Americans to accept the fact that times have changed (so they'll call it an overseas bubble or whatever, anything to try and explain the uncertainty.) Alot of Americans only watch American media, so of course they are going to believe what they've been taught to believe. No country controls the worlds financial markets. The market is made up of buyers and sellers...period, from anywhere and everywhere.