The asian world is in the biggest economic boom in the history of the world. Make no mistake about it. You are also witnessing the greatest power shift(from america/europe to asia) in the history of the world.
Where did that come from? You gotta be smoking something....
Im sorry, in case you dont know it yet, china, and other asian nations have seen tremendous economic growth over the past several years. FActories, jobs, and high tech are pouring into asia, meanwhile, factories, jobs and high tech have been leaving america. The growth of offices and manufacturing in India, China, is booming. They are exporting much more to the rest of the world than they are importing, and the United States is the reverse and in decline.
The past decade has seen a shift in economic power from one continent to another greater than any other that has ever occured in the history of the world in such a short span of time.
Its more complex than what you are saying...and to say America has or will lose is a baaaaad bet.
I heard a parable of sorts one time where a man talked about two little trees.
One, while it was very small, the owner saw it starting to grow crooked.
So what he did is tie a piece of string on the sapling to hold it up straight. It took some, but minimal effort to do that.
On the neighbors place there was a similar tree who was also growing crooked. Only that neighbor did nothing.
Many years later the man returned, and to his surprise the tree he had tended was strong and growing straight.
The one on the neighbor's old place was crooked and twisted and in fact had blown over in a huge storm.
The moral of the story is if we are corrected in our youth we will avoid many huge problems later in life.
The same is true regarding Asia. If we let it run wild we will reap problems. If we take it by the horns and train it in the direction we want, it will be better for us and all of Asia.
We just have to think ahead.