The New American Isolationalism:-2

The second thing is that the American public has come to recognize that the China is the No.1 economic power. Although technically that is not so but still when they see that almost everything now is made in China, the perception is that China is economically more advanced than the U.S. although we are more advanced technically but economically we are weak. Although it can be a little bit confusing, but we are a net debtor now and China is the net creditor. Although we are technically more advanced but China will have its say in the future. Other thing is that military that is true that we are the strongest nation in the World but our position has been much weakened by our wasteful invasion of Iraq (which has drained our resources and power) and now by our continuous war in Afghanistan, but still there is no one out there to challenge us militarily but economically we are very weak and this thing has to be corrected, otherwise we will not be able to fund our future wars by just issuing Treasury securities. We need to fix our economic blight and this thing I will continually be emphasizing in my future posts.