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really?
Germany - our MAIN competitor in Europe,
Japan, our MAIN competitor in Asia...
is your BEST CASE scenario that Iraq becomes our MAIN competitor in the Middle East 30-50 years down the road?
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Serge you are still thinking like a man who grew up under Communism!
Competition is a good thing. Economic competition drives the US to get more creative and inventive.
Plus look at German and Japanese economy past 10 years.... Germany has such a large welfare state they cannot get anything done ( US is following) and the Japs have so much corporate welfare that they cannot get anything done.
If the US stays the way it should - not a big welfare state - a Country that allows for the free flow of capital and rewards risk takers - the US will always be on top.
Competition that I worry about is Global - and this is coming from China in the next 40 years.....