本文发表在 rolia.net 枫下论坛The free trade policy encouraged US companies to transfer technologies, capital and production to developing countries seeking lower cost. The only competitive strengthes US has (or I should say 'had') were advanced technologies and access to capital, if they allow companies to move these freely to other countries, it has no way to compete with China and India due to its high labor cost. And the end results are huge losses of middle-class jobs and declining living standard as we see now. Recession is guaranteed, Wall Street won't be able to any trick this time, because it's burning itself.
The only way to save the US economy is probably a wider war that could potentially destablize the rest of world, In such a situation, the capital will move back to US in seek of safe heaven and the West will reunite around America for its leadership, similar to what happened in World War I, II and the cold war. If this does not happen, the days of US as a superpower are numbered, and the economic consequence will be painful更多精彩文章及讨论,请光临枫下论坛 rolia.net
The only way to save the US economy is probably a wider war that could potentially destablize the rest of world, In such a situation, the capital will move back to US in seek of safe heaven and the West will reunite around America for its leadership, similar to what happened in World War I, II and the cold war. If this does not happen, the days of US as a superpower are numbered, and the economic consequence will be painful更多精彩文章及讨论,请光临枫下论坛 rolia.net