From: Adam <""4thwormcastfromthemolehill\"{at}the field.near
the bridge">

Gary Britt wrote:
> Yawn?????
>
> In the 80's it was the Japanese that were going to take down the USA
> economy and control the world economy.  That's before the USA retooled,
> downsized and realigned its workforce all by the hand of Adam Smith and
> before the Japanese went into a 15 to 20 year depression/recession.
>

Indeed & there are only 100 million of them trapped in a small resource
poor bunch of islands.

Now you have not 1 but 2 1 billion plus very large states heading towards
being in the same position.

> Now the envy driven drivel from the Eurotrash types like yourself is the
> Chinese are coming the Chinese are coming.  Here's a news flash for you.
> Growth by China begets more growth outside of China for those able to
> take advantage of it and whose economies aren't bogged down by layers of
> socialist bureaucracy and lazy ass Union domination.  Ooopps that's you,
> the empire and the EU.  Soooo Soorrry for your loss Adamsan.  Successful
> entrepreneurship begets other successful entrepreneurs.  Instead of
> worrying about China's growth, we encourage it and will profit from it.
> So will others in the world except the socialist EU countries.
>

Roflmao. Oh you are good for a chuckle Gassa.

A rising tide does float all boats however you are losing market share to
the Chinese etc all over the world & not just in the USA.

How well are US cars selling outside of the US?

US tools?

Umm......wait wait...I'm sure there must be some market segment which
provides large scale employment where you're gaining share against the
Chinese.

"According to Goldman Sachs, the United Statesƒ ™ share of global
gross domestic product fell to 27.7 percent in 2006 from 31 percent in
2000. In the same period, the share of Brazil, Russia, India and China ƒ ”
the rapidly growing emerging markets referred to as the BRICs ƒ ” rose to
11 percent from 7.8 percent. China alone accounts for 5.4 percent.

To be sure, the weakening dollar has aggravated the apparent shift. Even
adjusting for the differential power of currencies in their home markets,
growth in the United States has lagged global growth over the last 10
years, said Brad Setser, senior economist at Roubini Global Economics in
New York. "

I am happy to see all rich, fat & happy. However your predicate is
based upon US dominance & that is rapidly fading as the Zenith the US
reached in 2000 drifts off into time just as British dominance in 1900 has.

Adam

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