I don’t want China to be the world’s most dominant economic superpower. I am an American, and so I want the United States to be the world’s most dominant economic superpower. Unfortunately, the facts that I am about to share with you in this article cannot be denied. We consume far more than we produce, and we go into colossal amounts of debt in order to make that possible. Somehow we have convinced ourselves that this makes us an economic superpower. Meanwhile, the Chinese produce far more than they consume, and as a result they have far more money coming in than they do going out. This allows them to loan vast amounts of money to nations…
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