by the time that happens, India will have most of the IT industry and China will have all of chipmaking to go along with manufacturing. and in the end that's the only thing that counts, not paper money, but actual industries.
"by the time that happens, India will have most of the IT industry and China will have all of chipmaking to go along with manufacturing. and in the end that's the only thing that counts, not paper money, but actual industries."
Then you didn't comprehend my post.
Placing industries in foreign countries, much like outsourcing software projects into foreign countries, ONLY WORKS SO LONG AS THE U.S. DOLLAR REMAINS OVER-VALUED.
If the U.S. Dollar loses its foreign exchange value, then all of those offshore ventures and industries will become unprofitable overnight and will die soon thereafter.