The Chinese bubble is still a bubble, and they are very dependent on the consumer base of USA, EU, and to a lesser extent Japan.
America 2.0 is going to be a formidable force— (that is what will remains from the financial rubble of America as we now know it— a new leaner and more free America, and maybe smaller)
And we’re planning on getting rid of all the grifters and freeloaders..... how?
Ever wonder why the MFMedia never writes about the implosion of the ‘China Economic Powerhouse’ meme? China is devolving into another Communist hellhole trap for the Western Corp fools; “A Cautionary Tale Of Outsourcing To China: There Is No Recourse, You Could Lose Everything”, http://www.manufacturingnews.com/news/11/0415/Fellowes.html
IMHO, until the American people wakeup and politically destroy the current Democrat Party and anti-American. hate America, POTUS Barack Hussein Obama, we will continue the spiral downward at an brisk pace!!! As for America continuing to be a formidable force. forget it. Just the PRC (China) & India will alone provide the driving consumer growth to sustain their economies and add on the Pacific rim countries, Asia & Africa, Japan/Korea and the USA will disappear just like the Roman empire did. We, Americans have done this by our own free hand in pursuit of getting something for nothing!!! The moral, my fellow Americans is, there is no such thing as a free lunch!!! Wake up America or perish!!! The attacks on Pearl Harbor and on 911 killed thousands. POTUS Barack Hussein Obama and the Democrat Party are killing millions economically and destroying this great nation to boot.