
Posted by david soori on October 10, 2009, 9:27:29 Link: http://http://seekingalpha.com/article/165420-the-great-shift-china-rising-u-s-falling
The Great Shift: China Rising, U.S. Falling by Cynicus Economicus
We are living through one of the times in history when a major and irrevocable shift is taking place. It will be a time that will be the subject of controversy amongst historians and, no doubt, there will be arguments about causation, about what set off a chain reaction of change. They will perhaps ponder and wonder that so many people were so blind to what was actually taking place before their eyes.The shift that we are witnessing is the move of economic power from the West to the East. It is a well worn theme on Cynicus Economicus, that we are seeing the rise of China, and the fall of the US, and the process is now accelerating. Alongside the fall of the US, we are also seeing further declines in countries like the UK.When I first... More »
http://seekingalpha.com/article/165420-the-great-shift-china-rising-u-s-falling


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