China is an advanced 2nd world country with pockets of first world.

Smart people in China design fast manufacturing lines for $25k/yr.

Smart people in the US design bond hedging strategies or ad-pixel trackers for $250k/yr.

China is in the stage the US was in 60 years ago, and eventually those high paying, high impact jobs will suck the intelligence out of all the "blue collar" work. Just like it did in the US.

I believe it. The us intentionally lacks accountability to prop up the already wealthy in almost all of its ventures. Which socializes losses and capitalizes gains. It's an economic model that guarantees deterioration and stagnation.

Dodging politics, the power structures in us industry need serious revamping.

China is going to be the next Germany: a loser in the new world without globalization

> Thats because the USA has really nothing big to export. Yay, designs.

USA exports and exported services, especially in IT. And a lot. USA has nothing to export is true only if you intentionally ignore stuff USA exports.

If this is true, then why are most of the companies that change the world founded in the US?