I hope you're right, but doubt it based on what I have seen. The US is as deindustrialised as the rest of us - they shipped their jobs over to Chindia years ago, with an economy that relies on consumer spending and financial services for the most part.
Also I see the US dollar going a lot lower even in the short term - that's what happens when you counterfeit 2 trillion dollars out of thin air.
I don't think they have deindustrialised as nearly as much as Oz or Great Britain. Of course it doesn't matter how much we deindustrialise while the commodity boom continues, but other countries without commodity wealth are going to simply have to lower their standards of living.
The US has the big oil and gas companies like Exxonmobil and chevron.
Conglomerates like general electric.
Obviously the auto manufacturers are on their knees, General motors, Ford, Chrysler, but they are still there. Harley Davidson.
IT and computer companies like Hewlett-Packard, Apple, IBM, Dell and microsoft.
There is the big farming, truck and earthmoving companies like John Deere, Case IH, Caterpillar, Kenworth, Mack, Cummins deisel. The US is globally dominant in this area.
Agriculture companies like Cargil and Monsanto, and as I said before, the US accounts for over half the worlds exports in food.
Aerospace companies like Boeing, lockhead martin and a few others I can't think of right now.
The US are still industiallised way more than a lot of other countries. Way way more than Australia.
Anyway, China for example still has almost half the workforce employed in agriculture on tiny silly little plots. India is even worse and has over half it's workforce employed tilling the earth. This is a terrible waste of efficiency. These places won't get a high standard of living till they industrialise their agriculture, as half the workforce is employed in feeding themselves when in western countries it takes just a few percent to do the same thing and the workforce in the west is employed in more meaningfull and productive jobs.
The US has massive coal and gas wealth. Massive water and rich fertile farming lands. If the US goes under, there will be many places in a much worse situation I reckon.
See ya's.
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