The world's economic axis is shifting because of Greece's sovereign debt issues and recent natural disaster Recent events offer evidence that the ground beneath our feet is shifting, both literally and metaphorically, and scientists and traders alike are noting the effects. In the literal sense, Richard Gross, a geophysicist at NASA's Jet Propulsion Laboratory, estimates that the massive earthquake that struck off the coast of Chile last Saturday moved hundreds of miles of solid rock several yards, altering the Earth's axis by approximately three inches due to the shifting of such a substantial mass. A movement of that magnitude is rare; yet investors can be forgiven for being unimpressed. The axis of world economic power is also shifting as the aftershocks of economic crisis continue to alter the world order.
