Quote:
Originally Posted by Mr. Cool Ice
Dead wrong.
China is super wealthy without us. Plus there is all the rest of the world that buys their crap.
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Thats a fact......
https://www.cia.gov/library/publicat.../2187rank.html
But most expect China and India growth to suffer because of the downturn in the USA economy, which is obviously being borne out. The extent of the so called "decoupling" has been shown to be untrue though analysts say that the next time the USA reaches a crisis, its likely that it will have an decreasing affect upon growth in Asia because those economies are now expanding into other lucrative markets.
Its the same principle as when the USA banned online gaming, for a while the market sunk but as time moved along the gaming companies shifted there ad dollars to other markets and are recovering..... in this way its feasible that a global economy can (over many years, probably over a decade) develop outside of the USA.