The United States and the European Union (mainly those countries in the Euro zones and the United Kingdom), the world's two largest economies, do not share the same view as to how to cope with the financial crisis--- a sign that shows the two sides are competing for the leading role in the international financial market.
If the United States is no longer hegemonic, or its strength is declining, then who will be willing to pick up the load that the United States is not able or willing to carry?