Intercultural Times No. 20

The fantastic outlook of the American Presidential election has changed into somewhat sober reality of its outcome, which was further influenced by the financial crash of the Wall Street disaster. The latter also shifted the economic balance in the world mostly to the advantage of China, which might take over the economic lead from the USA some day.

The print media further lose their leadership and influence on public opinion, and a social gap is widening in western societies. And a further social problem will come up with a cultural clash between societies of the young and societies of the old, between the educated and the uneducated.

November 2009