Trust is the foremost thing that has taken a hit after these leaks, it has revealed the true motive of the diplomatic words is so destructive. US has lost his face of " Free Democracy" as it has trapped several economies in its diplomatic ties/ dialogues.
How intentions behind the actions are when exposed can create chaos is best exemplified by Wikileak Case.
The chain of reaction started with " No of cables leaked" will have next biggest devastation in the history of political scenes on this globe, but the worst sufferer of the same would be Business, the genesis of everything.
Diplomacy for centuries has been used as weapon of destruction between the nations. US has been the front runner in the diplomacy. From Russia to Germany during first and second world war, followed by Japan and Vietnam, and the gulf countries from Iraq to Afghanistan and now North Korea and china. US has tweaked the rules in the name of diplomacy to gain strategic advantage. Classical example is KYOTO Protocol, which US has discarded though the whole world is witnessing the aftermaths of ozone layer depletion.
Diplomacy however is polished word that encapsulate the bad intentions and tactical mind. But when like other side of the coin is exposed, it brings havoc in any relationship.
US in the backbone of world business, from biggest financial houses to the Dollar, the world currency, it has the largest say in today's business landscape. The roots of American business systems are so deep that any impact on US would have ripple effect on world's other economies, as the world is so inter dependent in business way that it will hit the globe badly, as business runs on trust and that has taken the hit after the wikileak case.
So It should not come as surprise if business across the world gets into recession.
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