Nonetheless, the U.S. is still, by far, the economic superpower. But, this country now faces a more aggressive competitor in China. The name of the game is exports, and at this time, America is pretty much stuck with no good ideas. Additionally, we struggle from the trust issue with financial products, due to the dispersion of toxic assets. The keys rest in innovation through energy and technology; a game-changing discovery that transform daily life for most of the globe. Stay tuned for more information on American exports.
From The New York Times:
China Passes Japan as Second-Largest Economy
Experts say that unseating Japan — and in recent years passing Germany, France and Great Britain — underscores China's growing clout.
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