Quote:
Originally Posted by theking
I think our economical peak is behind us...but I suspect that we will remain the richest most powerful country on the earth for several decades more.
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Usually I would full disagree with that and I've been thinking that China would step into the lead for the most powerful country, based on their explosive growth. However, I've been reading a lot on the possible bubble (about to burst) in China and now many of the Chinese banks curbed lending just this week.
If China is indeed cooking the books, then I agree with you, the USA will remain, even if she has a black eye and a few broken teeth. If China is not cooking their books, then China will become the worlds most powerful country within the next few years UNLESS Obama pulls black rabbits out of his ass.