Global economy need to be fixed

I read about the inability of the US economy to create jobs to reduce the unemployment rate. Many countries are now devaluing their currency to increase competitiveness. They are also reducing interest rate to near zero, causing cheap money to flow to Asian countries, causing asset bubbles. This will bring further turmoil to the global economy and financial market.

There are some talks about fixing the global economy. It is not easy. The current system is rotten and cannot be fixed easily. The root of this problem is ....... make a guess! Give your views in this comment. I will write my views later.