People say that China has a bubble and will collapse, but after the collapse, which would affect the West just as bad, who is more poised to come back? Those with the factories or those with hollowed-out office buildings? The East will surpass us while we busy ourselves trying to be musicians, foodies, and Vine celebrities. I don’t wish bad on the West, but I can’t think of a people that deserves more to fall.
You mean the legions of HR and social workers all with their masters degrees AREN"T going to pay off our national debt? Heh, shows what happens when microbiologists don't study Keynesian economics!