They attribute some of it to 'ripping up contracts and shucking benifits'
I agree with the overall premise, but it'll never be the same and we've got a long way to go. For starters our debt is over 100% of GDP. I remember when Japan was taking over the world but they are just too small. If China figures out it's twin succession/middle class issues they will be far more than they are now, and they've probably already passed us up as the world's largest economy and will eventually pass us as the world's biggest exporter.
And they've got trillions of cash reserves.
That said we've got a solid gold financial system, free government and press, and very productive employees.
:Shrug: It's interesting times
Great article.
Pete