I heard something on the radio last night—Newsweek I believe—that kept referring to the “post-American” economy.
“I heard something on the radio last night—Newsweek I believe—that kept referring to the ‘post-American’ economy.”
People...err, I mean idiots...always like to add the prefix “post” to things. Like they can predict the future. Well, let me look into my crystal ball. If history has taught me anything, governments around the world will continue to interfere in global trade, ostensibly for the benefit of their own people. This, in turn, will result in a decline in living standards proportional to the interference.
What some people don’t seem to understand is that China and India are like Texas and Florida, so far as the economy is concerned. Political boundaries don’t matter. And ironically, the nations who grasp this fact will be the most prosperous and powerful.