Yup. Obama wins again.

There is also intellectual property creation. MSFT created a lot of wealth that way, for example.

So was Monica a Manchurian Candidate?

Here's what I use.
http://www.rosettastone.com/learn-chines...

The Chinese might have achieved this #1 status, not by their own hand as we achieved ours, but by means our temporary faulter. When we eventually shrug off the leftists, then it's all over for the Chinese. They will eventually fall by their own weight when we once again lead the world with our enlightenment and our ingenuity.

我不懂中国说话。

As far as I can tell, there are three ways to create wealth--farming, mining, and manufacturing. Everything else is just moving the wealth around, protecting it, using it, or destroying it.

Of the three, the last two are regulated nearly out of existence in the US, compared with China.

The first is less regulated, but owners of small farms, such as mine, are careful not to become too obvious, lest the USDA (set up to encourage good farming, or so I understood) discover more regulations I need to follow. The requirement that I spend several hundred thousand to continue a petting zoo--it generated an extra $3000 per annum gross--put a stop to that. "Not even worth the expense of trying to fight."

Halleluja!

When China finally unpegs its own currency, watch for the dominoes to fall.

So when does the world dump the dollar as the reserve currency?

While China is officially Communist, in many ways they are more capitalistic than the US is now.

Only America would export much of its industrial base and know-how to an enemy, whom is busy building weapons and stealing our secrets.

Wow, O is pretty good at what he does, took less than seven years to bring the country to its knees. Someone (china, a muslim country, russia) certainly got their monies worth.

One word...

Manufacturing

or the scene in Looper when the guy tells him he should move to China, and when the kid says no he wants to move to France, the guy reminds him, he's from the future, and he "should move to... oh never mind..."

Haven't you ever watched an episode of Firefly where everyone speaks some words of Chinese? A glimpse of the future.

"America, if you like your ranking, you can keep your ranking."

Yup.
Hope & Change, baby.

Or, as I like to say, "You voted for it, Comrade!"