"" still make more money than you, and always will""
are you sure youre not a smug liberal?
no country in the history of the world has ever gone from first world to third world status...and your understanding of economics is pathetic....if that were to happen all the manufacturing and engineering jobs would leave india, China etc and come back here.
Rome, Greece, China ... just to name a few.
The well-being of those countries you see at this time was regained following "The Dark Ages". I suspect you are the one with the lack of historical and economic perspective.
Every hear about the fall of Rome, the sack of Carthage, the decline of Greece? Or how about something more recent, Spain.