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Politics : Foreign Affairs Discussion Group

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To: mistermj who wrote (174318)	11/5/2005 7:01:06 PM
From: neolib	Read Replies (2) of 281500

What a great time to expect growth in the future as the largest middle class in the world is built. Yes, but the problem is that our excellent lifestyle is built on their backs for two reasons, 1) cheap goods and services, and 2) loans for us to buy #1. The world should be thanking America for the leadership and the example we have shown to make this happen. It is not a model that India and China (at almost half the worlds pop.) can follow, AFAIK. There is no other large source of cheaper labor and sufficient credit for them to follow our lead. The problem for us, is when the model changes, we may be in a world of hurt, since the universe from our perspective is no longer expanding.

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