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Hear: The Latest Recession Casualty? American Power

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Hear: The Latest Recession Casualty? American Power

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Hear: The Latest Recession Casualty? American Power

Counting money in Iraq, which Ian Bremmer says is "becoming a good-news story." Sabah Arar/AFP/Getty Images hide caption

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Sabah Arar/AFP/Getty Images

Hear: The Latest Recession Casualty? American Power

  • Download
  • <iframe src="https://www.npr.org/player/embed/111346283/127429270" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

On today's Planet Money:

Almost a year into the financial crisis, we ask foreign policy analyst Ian Bremmer to take stock of America's position in the world. Bremmer wrote The Fat Tail and leads the risk consulting firm Eurasia Group (Twitter, Facebook). He says that yes, America has lost some of its power.

Bremmer gives two reasons for that. First, he says, other countries have recovered from the crisis more quickly. The second, he says, is that the crisis has forced U.S. leaders to pay more attention to domestic affairs and play a less active role on the global stage.

On the upside, Bremmer says this is a great time to invest in Iraq.

Bonus: Eurasia Group's Global Political Risk Index.

Download the podcast; or subscribe. Intro music: Frankmusik's "Better Off As Two." Find us: Twitter/ Facebook/ Flickr.

Each month, Eurasia Group looks at conditions in 24 emerging markets, weighing each nation's "ability to absorb political shocks." The resulting Global Political Risk Index, ranks countries from strongest to weakest. The latest index is below:

The scariest places are at the bottom. Eurasia Group hide caption

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Eurasia Group

The scariest places are at the bottom.

Eurasia Group