Zero-Sum

[rffrydr]

That's how The Economist sees it for '11. We're turning a broad long corner of win-win for the world. Now as Western Economies shrug off the Great Deleveraging we go back to a world hinted at in '08, inflation flaming battle for scarce resources and stalemate on world's politics:

http://www.economist.com/node/17493390

The Economist is also featuring a sweepstakes of sorts, who can guess the moment China's economy overcomes America's.

http://www.economist.com/blogs/dailychart/2010/12/save_date

I'm willing to take the under on that one--the far under. Already this image has served a certain political class here:

http://www.marketthoughts.com/forum/rumsfeld-warns-on-china-military-t494,highlight,military.html

And the politics of the 20th-C has certainly set up a dangerous china pride:

http://www.newyorker.com/arts/critics/books/2010/12/20/101220crbo_books_mishra

But how naked this might when it marches alone:

http://www.washingtonpost.com/wp-dyn/content/article/2010/12/24/AR2010122402788.html

I'm sticking by my 08.08.08 "peak china" notion, crazy and indefensible as it may seem. This depends on an "industrial policy" here, implementing technology and energy advancements. It can happen. And while we're growing, they're growing more....revolutionary.
_________________
Today is the Tomorrow you worried about Yesterday!