<<<how does this wonderful fact, or more of conjecture, of yours goes with US DoT's trade tallies? >>>
We have problems including trade and budget deficits that can be relatively easy to fix. We have stupid and arrogant government leaders, but we also have term limits. They are going out of office. Even if we didn't have term limits, these people will be kicked out of office. They can only get away with the deceit and corruption for so long.
The developing countries do not have the mechanism to get rid of their corrupt leaders. That is a big difference.
The same goes with our economic structures. We have economic structures that can quickly, relative to developing nations, to respond to changes. We also have International brands (Citi Bank, JP Morgan, GS, J&J, GE, Coca Cola, Intel, Starbucks, Apple, IBM and on and on....)that are plugged into the International economy and can profit from its growth.
Best of all we have the best demographics going forward. At 300 million people, we are still relatively under-populated and have tremendous room for growth. |
