The essay of “the new second world” was very refreshing for me because it rehashed and re familiarized some of the things i learned in high school. The information about BRIC and the Emerging markets was very interesting. however the passage about Goldman Sachs arguing over the idea of the emerging markets gaining a foothold and actually surpassing current industrialized nations was very worrisome. It got me thinking and researching the subject and how America as the worlds dominant economic force needs to get out of this economic stagnation. Even though it is easier to have a large growth rate when you are industrializing vs being industrialized. I think American needs to invest more in research and development, and education in general to compete with the rest of the world.