Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Not as long as China is dependent on our consumption.  After all, they can only sell what we can buy.  We're not going to experience degrowth.  American gains are European and Asian gains.  European gains are American and Asian gains.  And so on.  The only thing I see that poses a serious risk to long-term growth is the environment.  We need get off of the oil, yesterday.  And we need to dedicate ourselves to also helping developing countries, like China and India, to avoid the level of dependency America now suffers from.

Be nice to America. Or we'll bring democracy to your country.
by Drew J Jones (pedobear@pennstatefootball.com) on Tue Feb 28th, 2006 at 03:58:02 PM EST
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