Some of those points could be true...but even so fall into the "Who cares?" category. Does China overtaking the US in every consumption automatically equal financial apocalypse? Does someplace I've never heard of having a real estate correction in California mean that the US economy will never recover?
It's the same old thing. When times are bad people just can't feel like they'll ever be good again and when times are great people feel like it will never end.
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