In looking ahead, it is absolutely clear that the secular baton of economic leadership is being passed off from the United States to China. Yet perhaps with a strengthening China, the entire global economy will be better able to find a “muttle through” scenario. While the strength of the present bust is likely to be enduring for some time, we at points along the way, may be at least open to the possibility of other potential outcomes, and right now the excess layer of thick gloom which now prevails has my stock market ‘basic instinct’ shifting its bias. For now, I am “seeking neutral ground”.
I, for one, see no reason why US citizens should feel excessively 'threatened' by this no doubt inevitable trend. If the US people could only, at last, just step back from their longstanding seeming self-centred fearfulness, which has tended to provoke an excess of defensive/aggressive posturing, and just take a long, hard look at the very many very positive outcomes that could come to pass were all, or at least most of the most weighty, of the diverse cultures of the world find themselves able to operate on the economic, and of course on the ecological, levels more closely in concert, in alliance, tempering healthy competition with mutual aid and cooperation.
On a related note, I find it sociologically interesting that, in 'Western' media, "the threat of job losses and social unrest" in China is frequently mentioned, while "social unrest" appears to be seen as highly unlikely in the US - a society until quite recently once, I would say, quite renowned for its social rebelliousness.
I find such food for thought fascinating. Perhaps I'm reading far too much ancient, old and medieval history, recently.
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