An interesting First Post.
let me be the first to say: Welcome to Free Republic.
The United States cannot continue the success it saw in the last two cycles and will fail to possess other nations’ properties, especially in China. China is the biggest economic driver and contributes to the world’s economy three times more than the US. As long as China can get far away from a big financial crisis, other developing countries will not face big financial depression and the strong dollar policy will lose its effect. Finally, we will come to a de-Americanized world, where the US economy will gradually disconnect from the globe.
I hope that China can take over as the world’s ‘spark plug’ and economic stabilizer, the U.S. has done it for too long now and we, the people, are just about drained.
Also China needs to remember something else... When you are the ‘King of the hill’ everyone wants to tear you down so they can become the king. Good luck now, y’hear?