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Re: Canada Eliminates Penny

Posted by AlM on Fri Mar 30 12:51:57 2012, in response to Re: Canada Eliminates Penny, posted by Spider-Pig on Fri Mar 30 11:11:01 2012.

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China won't replace the US as a world power. Their entire economic competitvie advantage is based on low wages, which can't be sustained in a world power.

There might be a scenario where the US, China, the EU, and some subset of Russia, Japan, India, and Brazil are regional powers and no one is truly a world power.

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