09/08/2012 10:49 am ET Updated Nov 08, 2012

The World's Worst Economies: 24/7 Wall St.

For most of the 20th century, the United States has been considered the world's economic superpower. And up until four years ago, the World Economic Forum would agree. In 2008, it ranked the U.S. as the most globally competitive economy in the world. This year, when the group published its annual Global Competitiveness Report, the U.S. ranked seventh.

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