>> From 1860 to 1890 the U. S. steel industry increased in size by 1000%%
>> each decade.

>

>> The steel wasn't being exported. �It was consumed in the U. S.

>

>> Trade had little to do with U. S. growth.

>

>> If the U. S. really is in a permanent recession as many believe, then
>> the Chinese will simply sell more stuff to themselves and, like the
>> American economy of the industrial revolution, the economy of China
>> will simply continue at nearly an 8%% growth rate.

>

>> In other words, the Chinese economy will pass the American economy in
>> size in a mere 18 years.

> Then it will decline like any other major economy