Woe is me ALERT. The sky is not falling.
Carlton Meyer is very consistent.
Consistently wrong.
His analysis is worthy of a college freshman who reads Chomsky for analytical depth. He is a shrill isolationist who make Pat Buchanan look like Woodrow Wilson.
Population is as much a drag as a benefit. China is aging very quickly. Median age will be 39 by 2020. One child policy is now really starting to skew the sex ratio significantly. Chinese military is mostly a jobs program. Fihter pilots barely given enough fuel to fly so they don't defect to Taiwan. Most of their tanks are T55 equivalents. China manufactures trinkets and junk. How many Chinese made cars or TVs or home computers are on the world market?
Europe's economy has many problems in its foundation. Plus the citizens of France may just very well repudiate their elite political class and vote NO on te EU Constitution. The EU may soon join the USSR in the dust bin of history.
Japan has been in recession since 1991 or so? Ever bought a can of Coke in Tokyo?
Our economy can weather rough spots like no other in the world. If we go bankrupt, the whole world economy collapses.
Yes, author is indeed old school Conservative - I prefer the old school to the new school I find.