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<p>[QUOTE=&quot;Otter, post: 735709, member: 3464&quot;]You right, its not Asia is China...plain and simple.&nbsp; I suspect you are correct that the people of Lux, Switz, Norway, and Sweden are happy with their standard of living.&nbsp; The problem is scale.&nbsp; The total population of those countries is around 25MM. China is 1.4B.&nbsp; Until additional natural resources are brought online (read: Africa), its nearly a zero-sum game...as the standard of living in China increases, there rest of the world normalizes to a relatively lower level (evidence a jobless recovery where US unemployment rates new natural level may be closer to 10% vs. 5%). </p><p><br /></p><p>Longer term, yes I believe the &#039;rising tide will raise all boats&#039;, but thats a ways away and China is buying heavily into Africa and stockpiling commodities while there are/were cheap.&nbsp; What does the US have that China can&#039;t get and won&#039;t have in 50 years?&nbsp; We have the best educated, most innovative companies around....but thats clearly changing.&nbsp; ( Do you know that to graduate from HS in California you need only be able to read at an 8th grade level and math at 10th grade???)&nbsp; At least we still produce more than enough food, so we have that going for us, but we have lost manufacturing to China (and the knowledge transfer is complete so all they need is a market until the 1.4B Chinese start buying and the our puny 300MM will get the scraps or higher prices).</p><p><br /></p><p>Short of doing currency arbitrage as you described (I think it will still be considered arbitrage, perhaps not), which is way beyond the average American (oh thats right, we don&#039;t really teach money management until 3rd year of college if you lucky), all the common person can do is buy gold/silver and hope it acts as little bit of a damper on the damage to their personal buying power as the dollar becomes less relevant.</p><p><br /></p><p>I really hope I am wrong for personal and patriotic reasons.[/QUOTE]</p><p><br /></p>

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