As if we don't have enough to worry about - guys with exploding BVDs, bankers getting billions in bonuses, one out of five Americans who want a full-time job unable to get one, and the Redskins with their 27th head coach in 10 years just as examples - now we have the Chinese replacing the good ole' U. S. of A. in a number of economic categories which we have owned for about the past 100 years.
Here is a short list of headlines:
China overtakes US in car sales - BBC
China banks eclipse US rivals - Financial Times
China surpasses Germany as world's top exporter - Washington Post
Ok, that last one should concern some guy who writes MÜLLINGS in Germany, but I'm thinking that if we had wanted to be the world's largest exporter then we would be the world's largest exporter and the fact that Germany held the title until last week was some leftover from the Marshall Plan.