[QUOTE=polgara;1063850501]QUOTE=joG;1063850191]Funny. I had thought it had happened a while ago in PPP terms. Anyway, the implications are the same that we analyzed in the 1990s as soon to come. Now we are there. The shift in wealth may still not be dangerous, but it will become so over the next 15 years. At the same time India and a number of other transition economies will have caught up and we will all be competing head on in varying alliances and coalitions, 20 countries with atom bombs and 30 with chemical and biological killers. Boy, will that be ever interesting.
Hi Polgara, good points and I would add that this trend to which you speak has continued through both democratic and republican administrations for decades and neither of them taking any action. The trade agreements that have been made by both parties have been harmful to manufacturing and of course many other factors.